Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer : i got it wrong The costs of producing toy xylophones include variable product costs ( $3.80 per unit) and fixed product costs.

please answer : i got it wrong

image text in transcribed The costs of producing toy xylophones include variable product costs ( $3.80 per unit) and fixed product costs. Last year, when a company produced 30,000 xylophones, it incurred fixed product costs of $54,000. At this volume of activity, what was the total cost and per-unit cost of producing these xylophones? (Round per-unit cost to 2 decimal places, e.g. 15.25.) Total cost $ Per-unit cost $ If the company incurred the same total fixed costs this year but was able to produce 37,500 xylophones, what is the total cost and perunit cost of production this year? (Round per-unit cost to 2 decimal places, e.g. 15.25.) Total cost $ Per-unit cost $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Front Office Operations And Auditing Workbook

Authors: Patrick J. Moreo, Gail Sammons, Jeff Beck

2nd Edition

0130324930, 978-0130324931

More Books

Students also viewed these Accounting questions

Question

7. List behaviors to improve effective leadership in meetings

Answered: 1 week ago

Question

6. Explain the six-step group decision process

Answered: 1 week ago