Homework for Ch 18 LO 1 - Cost BehaviorQuestion 3 of 3(c)Your answer is incorrect.Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places e.g. 2.25.)Variable costs per unit per unit $0.33 / 1E: Homework for Ch 18 LO 1 - Cost BehaviorQuestion 3 of 3Outputin UnitsWildhorse Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range ofoutput as shown below.1,0002,0003,0004,0005,0006,0007,0008,0009,00010,00011,000RentExpense$5,7105,7109,1369,1369,1369,1369,1369,13611,42011,42011,420DirectMaterials$4,5688,7008,70011,60014,50017,40020,30023,20033,46139,9700.33/150,248E:

The relevant range refers to the range under which the total fixed costs remain stagnant or the same…

Answered: Calculate the variable costs per unit…

Calculate the variable costs per unit within the relevant range. (Round answer to 2 de Variable costs per unit per unit tA $

Financial & Managerial Accounting

13th Edition

ISBN:9781285866307

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter27: Lean Principles, Lean Accounting, And Activity Analysis

Section: Chapter Questions

Problem 27.20EX

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Cost of quality and value-added/non-value-added reports for a service company A. Using the information in Exercise 17, identify the cost of quality classification for each activity and whether the activity is value-added or non-value-added. B. Prepare a cost of quality report. Assume that sales are 5,000,000. (Round percentages to one decimal place.) C. Prepare a value-added/non-value-added analysis. D. Interpret the information in (D) and (C).
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EXERCISE 6–11 Using a Contribution Format Income Statement [ LO1 , LO4 ] Miller Company’s most recent contribution format income statement is shown below: Total Per Unit Sales (20,000 units) . . . . . . . . . . . $300,000 $15.00 Variable expenses . . . . . . . . . . . . 180,000 9.00 Contribution margin . . . . . . . . . . . 120,000 $ 6.00 Fixed expenses. . . . . . . . . . . . . . . 70,000 Net operating income . . . . . . . . . . $ 50,000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The number of units sold increases by 15%. 2. The selling price decreases by $1.50 per unit, and the number of units sold increases by 25%. 3. The selling price increases by $1.50 per unit, fi xed expenses increase by $20,000, and the number of units sold decreases by 5%. 4. The selling price increases by 12%, variable expenses increase by 60 cents per unit, and the number of units sold decreases by 10%
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