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e from Cengage Learning- Google Chiome take&inprogress false /takeAssignmentMain

ID: 2337320 • Letter: E

Question

e from Cengage Learning- Google Chiome take&inprogress false /takeAssignmentMain.dotinwoker assignmentsktaloeAssignment Show Me How aatator Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 72,000 to 114,000 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 Total costs: 72,000 91,200 114,000 Total variable costs $24,480 38,760 1,008 v 2 27,360 k. 27,360 Total fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit b Total cost per unit 27,360 e sa,368) V L€ $51,840 66,120 0.34 0.34 0.38 h 0.73] 0.34 Calcuiate a, b, and c frst Oivide each sotal cost by the number of components produced Add the variable cost per unit to the fixed cost per unit to caloulate the d and | Mutiply the variable cost per unt by the component number e and k Fired costs ane constant in 1otal, regardiess of the number of unts f and t Aod the respective total varable costs to the total foced costs at each level of production h and n Divide the constant total foed costs by increasing units produced to obtain a decreasing fxed cost per unt iand o As a resut, fotal cost per unt wll aso decrease the decrease in per unit fioed costs as producton unts increase Leaning Objective 1

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Memory Chips produced                72,000.00                91,200.00              114,000.00 Total costs: Total Variable costs = VC per unit * No of units produced                24,480.00                31,008.00                38,760.00 Total fixed costs = Would remain same =                27,360.00                27,360.00                27,360.00 Total costs                51,840.00                58,368.00                66,120.00 Cost per unit: Variable cost per unit = Would remain same i.e. .34                           0.34                           0.34                           0.34 Fixed cost per unit = Total fixed costs/No of units produced                           0.38                           0.30                           0.24 Total cost per unit                           0.72                           0.64                           0.58 Note : Variable cost per unit remains same at all levels of output   2) Total fixed costs remains same at all levels of output thus fixed cost per unit is falling as production increases

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