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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 100,800 to 165,600 memory chips
Relevant Range and Fixed and Variable Costs
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 100,800 to 165,600 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 | 100,800 | 128,800 | 165,600 |
Total costs: | |||
Total variable costs | $41,328 | d. $ | j. $ |
Total fixed costs | 46,368 | e. | k. |
Total costs | $87,696 | 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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