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Required information [The following information applies to the questions displayed below] The controller for Canandaigua Vineyards, Inc., has predicted the following costs at various
Required information [The following information applies to the questions displayed below] The controller for Canandaigua Vineyards, Inc., has predicted the following costs at various levels of wine output. Variable production costs Fixed production costs Wine Output (0.75 Liter Bottles) 10,000 Bottles $37,000 Fixed selling and administrative costs Total 15,000 Bottles $ 55,500 100,000 40,000 20,000 Bottles $74,000 100,000 40,000 $214,000 100,000 40,000 $177,000 The company's marketing manager has predicted the following prices for the firm's fine wines at various levels of sales Sales price per 0.75 liter bottle 10,000 Bottles $18.00. Mine Sales 15,000 Bottles $15.00 20,000 bottles $12.00 Required: 1-a. Calculate the unit cost of wine production at each level of output. (Round your answers to 2 decimal places.) Output (0.75 liter bottles) Unit Cost 10,000 15,000 20,000
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