Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 134,400 to 218,400 memory chips

Relevant Range and Fixed and Variable Costs

Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 134,400 to 218,400 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 134,400 166,400 218,400
Total costs:
Total variable costs $63,168 d. $fill in the blank 1 j. $fill in the blank 2
Total fixed costs 69,888 e. fill in the blank 3 k. fill in the blank 4
Total costs $133,056 f. $fill in the blank 5 l. $fill in the blank 6
Cost per unit
Variable cost per unit a. $fill in the blank 7 g. $fill in the blank 8 m. $fill in the blank 9
Fixed cost per unit b. fill in the blank 10 h. fill in the blank 11 n. fill in the blank 12
Total cost per unit c. $fill in the blank 13 i. $fill in the blank 14 o. $fill in the blank 15

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Pension Scheme Accounting

Authors: Shona Harvie, Joanne Scriven, Phil Spary

2nd Edition

1526508974, 9781526508973

More Books

Students also viewed these Accounting questions

Question

specify some main features of the worlds labour force;

Answered: 1 week ago