Rerrelevant range and fixed and variable costs. Make sure you show your work For
ID: 2544058 • Letter: R
Question
Rerrelevant range and fixed and variable costs. Make sure you show your work
Fortress Inc. manufactures pistons for custom motorcycles within a relevant range of 300,000 to 375,000 pistons per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Number of Pistons per year
Components produced:
300,000
360,000
375,000
Total costs:
Total variable costs
$75,000
(d)
(j)
Total fixed costs
90,000
(e)
(k)
Total costs
$165,000
(f)
(l)
Cost per unit:
Variable cost per unit
(a)
(g)
(m)
Fixed cost per unit
(b)
(h)
(n)
Total cost per unit
(c)
(i)
(o)
Complete the preceding cost schedule, identifying each cost by the appropriate letter (a) through (o).
Number of Pistons per year
Components produced:
300,000
360,000
375,000
Total costs:
Total variable costs
$75,000
(d)
(j)
Total fixed costs
90,000
(e)
(k)
Total costs
$165,000
(f)
(l)
Cost per unit:
Variable cost per unit
(a)
(g)
(m)
Fixed cost per unit
(b)
(h)
(n)
Total cost per unit
(c)
(i)
(o)
Explanation / Answer
Complet schedule :
Number of pistons per year Components produced 300000 360000 375000 Total costs Total variable cost 75000 (d) 90000 (j) 93750 Total fixed cost 90000 (e) 90000 (k) 90000 Total cost 165000 (f) 180000 (I) 183750 Cost per unti Variable cost per unit (a) 0.25 (g) 0.25 (m) 0.25 Fixed cost per unit (b) 0.30 (h) 0.25 (n) 0.24 Total cost per unit (c) 0.55 (i) 0.50 (o) 0.49Related Questions
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