Wonder, Inc. produces within a relevant range of production of 1,000 to 30,000 u

Question

Wonder, Inc. produces within a relevant range of production of 1,000 to 30,000 units per year. The following partially completed manufacturing cost schedule has been prepared. 5,000 units produced 10,000 units produced 25,000 units produced Total variable costs $200,000 $500.000 $700,000 Total fixed costs Total costs: Variable cost per unit Fixed cost per unit Total cost per unit: Required; Determine and write the numbers to complete the schedule. Format your number by omitting cents and dollar sign. For example ten dollars should be written as: 10

Explanation / Answer

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5000 10000 25000 Working Cost Working Cost Working Cost Total Variable Cost 200000 10000*40 400000 25000*40 1000000 Total Fixed Cost 500000 500000 500000 Total Cost 700000 Variable cost per unit VC/Units 40 40 40 Fixed Cost per unit FC/Units 100 50 20 Total Cost per unit 140 90 60

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