A partially completed schedule of the company\'s total and per unit costs over a

Question

A partially completed schedule of the company's total and per unit costs over a relevant range of 63,000 to 103,000 units produced and sold each year is given below. Complete the schedule of the company's total and unit costs. (Round the "Cost per unit" to 2 decimal places. Omit the "$" sign in your response.) Units Produced and Sold 63,000 83,000 103,000 Total costs: Variable costs $ 138,600 $ $ Fixed costs 470,000 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Total costs $ 608,600 $ $ -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Cost per unit: Variable cost $ $ $ Fixed cost -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Total cost per unit $ $ $

Explanation / Answer

63000 = Total Cost = 608600 Variable Cost Per Unit = 138600/63000 = 2.2 Fixed Cost Per Unit = 470000/63000 = 7.46 Total Cost Per Unit = 2.2+7.46 = 9.66 83000 Total Cost = 608600 Variable Cost Per Unit = 138600/83000 = 1.67 Fixed Cost Per Unit will remain constant = 7.46 Total Cost Per Unit =1.67+7.46 = 9.13 103000 Total Cost = 608600 Variable Cost Per Unit = 138600/103000 = 1.35 Fixed Cost Per Unit will remain constant = 7.46 Total Cost Per Unit =1.35+7.46 = 8.81

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.