This is our study guide for chapter test. Not graded.

Mastery Problem: Cost-volume-profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Units Produced 7,000 shelves 14,000 shelves 28,000 shelves 35,000 shelves Total Lumber $77,000 154,000 308,000 385,000 Tota I utilities $9,550 17,600 33,700 41,750 Total Machine Depreciation $135,000 135,000 135,000 135,000 1. Determine whether the costs in the table are variable, fixed, mixed, or none of these. Variable Cost Lumber Mixed Cost utilities Fixed Cost Depreciation 2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "O". Recall that, for N = Number of Units Produced, Total Costs = (Variable Cost Per Unit x N) + Fixed Cost. Complete the following table with your answers. Round variable portion of cost (per unit) answers to two decimal places.