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Question 1 2 pts A company's costs are shown below. What is total average cost per unit? 6,816 units $6,375 Total variable costs Total fixed
Question 1 2 pts A company's costs are shown below. What is total average cost per unit? 6,816 units $6,375 Total variable costs Total fixed costs ? ? Variable cost per unit Fixed cost per unit $2.40 Total average cost per unit ? Round your answer to two decimal places. Do not round any intermediate calculations. Question 1 2 pts Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $17,903 2. Product costs are $1.38 per pound produced 3. Wages are $2.34 per pound produced 4. Supervisory Salaries total $11,655 per month 5. Utilities cost $2,450 per month plus $.20 per pound produced. What is the fixed cost portion of their cost formula? (in other words, what is the "f" in y = f + vx) Round your answer to two decimal places. Don't enter dollar signs. Question 1 2 pts Suzy's Cool Treatz is a snow cone stand near the local park. To plan for the future, the owner wants to determine her cost behavior patterns. She has the following information available about her operating costs and the number of snow cones served. Month Number of snow Total operating cones costs January 3,500 $5,000 February 3,800 $4,800 March 5,000 $6,800 April 3,600 $5,450 May 4,700 $6,200 June 4,250 $5,950 Suzy uses the high-low method to determine her operating cost equation. What are her estimated costs at 4,157 snow cones? When calculating the variable cost per unit, round your answer to two decimal places before completing your calculations. Do not use dollar signs, commas or decimals in your answer. Input your answer to the nearest whole number. Question 1 2 pts Let's try another version of Example #6 in the example packet. Suppose Revenues are $505,994 Cost of Goods sold, representing the cost of products sold, is made up of $52,281 of fixed costs and $82,248 of variable costs. Period expenses (sales, marketing and administrative expenses) are made up of $30000 of variable costs and $50000 in fixed costs. Prepare a contribution margin income statement. What is Total Contribution Margin that would appear on the statement
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