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Part 3 A J. B c D 90 91 92 93 94 95 96 97 98 99 100 101 102 Your company's product is quite

Part 3
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A J. B c D 90 91 92 93 94 95 96 97 98 99 100 101 102 Your company's product is quite popular, and the customer demand is increasing quickly. You want to predict (budget) various scenarios going forward of what your total costs would be at varied levels of production activi The best w to do that is to calculate a cost formula. 74. Add u allof our e enses for the first combined Assume that 60% of our total exenses are variable, and 40% of our totale enses are fixed. a. What is the total of our fixed e enses for the first uarter? b. What is the total of our variable e enses for the first uarter? Divide our total variable e ensesb the total # of units roduced in #DI. This will ive ou our variable cost er unit. Usin our total fixed costs in #2.a above and variable costs er unit in #3 above, calculate our Cost Formula for your company. Using the Cost Formula, calculate total budget costs (Y) using 5 different production levels of activity (X) that are increases to what ou roduced in the first uarter. 103 104 K. 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 Once you graduate college and create this company in real life which will undoubtedoly be hugely successful and ve rofitable, be sure to remember our accounting rofessor and send hera lar e check! =

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