Question
Relevant Range and Fixed and Variable Costs Child Play Inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. Within
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Relevant Range and Fixed and Variable Costs
Child Play Inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Complete the cost schedule. When computing the cost per unit, round to two decimal places.
Toys produced 40,000 80,000 120,000 Total costs: Total variable costs $720,000 d. $ j. $ Total fixed costs 600,000 e. k. Total costs $1,320,000 f. $ l. $ Cost per Unit Variable cost per unit a. $ g. $ m. $ Fixed cost per unit b. h. n. Total cost per unit c. $ i. $ o. $
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Relevant Range and Fixed and Variable Costs
Child Play Inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Complete the cost schedule. When computing the cost per unit, round to two decimal places.
| Toys produced | 40,000 | 80,000 | 120,000 | ||
| Total costs: | |||||
| Total variable costs | $720,000 | d. $ | j. $ | ||
| Total fixed costs | 600,000 | e. | k. | ||
| Total costs | $1,320,000 | f. $ | l. $ | ||
| Cost per Unit | |||||
| Variable cost per unit | a. $ | g. $ | m. $ | ||
| Fixed cost per unit | b. | h. | n. | ||
| Total cost per unit | c. $ | i. $ | o. $ |
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Ethics And Auditing
Authors: Tom Campbell, Keith Houghton
1st Edition
1920942254, 978-1920942250
