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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 88,400 to 142,800 memory chips
Relevant Range and Fixed and Variable Costs
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 88,400 to 142,800 memory chips 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.
Memory chips produced | 88,400 | 109,200 | 142,800 |
Total costs: | |||
Total variable costs | $33,592 | d. $ | j. $ |
Total fixed costs | 37,128 | e. | k. |
Total costs | $70,720 | 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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