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Otsego Industries manufactured 300,000 units of product last year and identified the following costs associated with the manufacturing activity: Required: Unit variable costs and total
Otsego Industries manufactured 300,000 units of product last year and identified the following costs associated with the manufacturing activity: Required: Unit variable costs and total fixed costs are expected to remain unchanged in the following year. However, management expects a slowdown in sales, because of the economy in the following year. Calculate the unit cost and the total cost if 255,000 units are produced next year. Note: Enter your total cost answers in thousands. Round your answers to 2 decimal places
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