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Santi Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for two levels of production. Costs Incurred Production
Santi Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for two levels of production. Costs Incurred Production in Units Production Costs Direct Materials Property Taxes Utilities Direct Labor Depreciation Total Cost $8,000 $10,000 $2,000 $10,000 $2,500 Production Costs Direct Materials Property Taxes Utilities 5,000 Direct Labor Depreciation Cost/Unit Classify each cost above as either variable, fixed, or mixed. Responses $1.60 $2.00 $0.40 $2.00 $0.50 Total Cost $16,000 $10,000 $3,300 $20,000 $2,500 [Select] [Select] [Select] 10,000 Variable / Fixed / Mixed [Select] [Select] Cost/Unit $1.60 $1.00 $0.33 $2.00 $0.25
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