Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Walton Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 7,000 and 13,000 trophies per year.

Walton Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 7,000 and 13,000 trophies per year. The following cost data apply to various activity levels. Required Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your intermediate calculations and per unit amounts to 2 decimal places.) Number of Trophies 7,000 9,000 11,000 13,000 Total costs incurred Fixed $ 52,000 Variable 42,000 Total costs $ 94,000 $ 0 $ 0 $ 0 Cost per unit Fixed $ 7.43 Variable 6.00 Total cost per trophy $ 13.43 $ 0.00 $ 0.00 $ 0.00 Benson Corporation paid one of its sales representatives $5,000 during the month of March. The rep is paid a base salary plus $14 per unit of product sold. During March, the rep sold 180 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following months. Month April May June July Number of units sold 220 130 230 140 Total variable cost Total fixed cost Total salary cost $ EA 0 $ 0 $ 0 $ 0

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_2

Step: 3

blur-text-image_3

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

Introduction To Financial Reporting With Powerpivot

Authors: Florent Cailly, Thomas Brajcich

1st Edition

1517437563, 978-1517437565

More Books

Students also viewed these Accounting questions