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signmentMain.do?invoker-assignments&takeAssignmentSessionLocator-assignment-take;&inprogress; false 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 $24,480 d. 27,360 e $51,840 f Cost per unit Varlable cost per unit Fixed cost per unit b.h Total cost per unit

Explanation / Answer

Memory chips produced     72,000     91,200 114,000 Total Costs: Total variable costs     24,480     31,008     38,760 Total fixed costs     27,360     27,360     27,360 Total Costs     51,840     58,368     66,120 Cost per unit Variable cost per unit         0.34         0.34         0.34 Fixed cost per unit         0.38         0.38         0.38 Total cost per unit         0.72         0.72         0.72 (a) (24,480/72,00) = 0.34 (b,h,n) (27,360/72,000) = 0.38 (c) (0.34+0.38) = 0.72 (d) (24,480/72,000)*91,200 = 31,008 (e) & (k) 27360 since fixed cost is always same (f) (31,008+27,360) = 58,368 (g) (31,008/91,200) = 0.34 (i) (0.34+0.38) = 0.72 (j) (24,480/72,000)*114,000 = 38,760 (l) (38,760+27,360) = 66,120 (m) (38,760/114,000) = 0.34 (o) (0.34+0.38) = 0.72

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