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PLEASE DO PART (D) Exercise 18-2 (Part Level Submission) Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and
PLEASE DO PART (D)
Exercise 18-2 (Part Level Submission) Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below Output Rent Direct in Units Expense Materials 1,000 6,550 $5,240 6,550 10,480 10,480 10,480 10,480 10,480 10,480 13,100 13,100 13,100 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 9,432 6,900 9,200 11,500 13,800 16,100 18,400 38,383 45,850 57,640 Your answer is correct Determine the relevant range of activity for this product The relevant range of activity for this product 3,000- 8,000 units Your answer is correct Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places, e.g. 1.25.) Variable costs per unit per unit Indicate the fixed cost within the relevant range Fixed costStep by Step Solution
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