1200 polnts Exercise 11-6 Fixed versus variable cost behavior LO 11-1 Varina Tro

Question

1200 polnts Exercise 11-6 Fixed versus variable cost behavior LO 11-1 Varina Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 trophies per year. The following cost data apply to various activity levels: Required a. Complete the following table by iling in the missing amounts for the levels of activity shown in the first row of the table. (Round "Cost per unit" answers to 2 decimal places.) Number of Trophies Total costs incurred 6,000 8,000 10,000 12,000 Fixed Variable Total costs $ 48,000 48,000 S 96,000 Cost per unit S 8.00 8.00 16.00 Fixed Variable Total cost per trophy

Explanation / Answer

NOTE:Total fixed costs anf VC/unit do not change with change in units.

6000 8000 10000 12000 Total cost incurred Fixed 48000 48000 48000 48000 Variable 48000 64000 80000 96000 Total costs 96000 112000 128000 144000 Costs per unit Fixed 8 6 4.8 4 Variable 8 8 8 8 Total cost per trophy 16 14 12.8 12

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