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Relevant Range and Fixed and Variable Costs Child Play Inc. manufactures electronic toys within a relevant range of 128,000 to 200,000 toys per year. Within
Relevant Range and Fixed and Variable Costs Child Play Inc. manufactures electronic toys within a relevant range of 128,000 to 200,000 toys per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar. High-Low Method are as follows: a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) $ per unit Total fixed cost: b. Based on part (a), estimate the total cost for 2,380 units of production. Total cost for 2,380 units: High-Low Method for a Service Company Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (Round to two decimal places.) $ per gross-ton mile Total fixed cost
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