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Question 1 (6 points): AQM Company is a manufacturing company that manufactures one product (couches), this one product has multiple costs and expenses, from the
Question 1 (6 points): AQM Company is a manufacturing company that manufactures one product (couches), this one product has multiple costs and expenses, from the data provided by the company please find and solve the questions below Data provided : Costs Manufacturing Manufacturing output - 6,000 output - 8,500 units units 1 Wood cost 45,000 $ 63,750 $ 2 Fabric cost 31,500 $ 44,625 $ Security costs 6,475 $ 6,474 $ 4 Sales Department 14,600 $ 19,850 $ salaries Glue and stitching 3,900 $ 5,525 $ costs Utilities cost 4,500 $ 6,375 $ 3 5 6 Solve the following: 1. Identify which of the above costs is/are the Variable costs in name) 2. Identify which of the above costs is/are the fixed cost (in name) 3. Identify which of the above costs is/are the mixed cost (in name) 4. for the mixed cost element find the variable cost per unit 5. for the mixed cost element find the fixed cost 6. for the mixed cost element find the total cost for the manufacturing output of 3,350 unit
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