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Jordan Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 4,000 and 10,000 trophies per year. The following cost data apply to various activity levels.   Required Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your intermediate calculations and per unit amounts to 2 decimal places.)

Jordan Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 4,000 and 10,000 trophies per year. The following cost data apply to various activity levels.   Required Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your intermediate calculations and per unit amounts to 2 decimal places.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jordan Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 4,000 and 10,000 trophies per year. The following cost data apply to various activity levels.

 

Required

Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your intermediate calculations and per unit amounts to 2 decimal places.)

Number of Trophies Total costs incurred Fixed Variable Total costs Cost per unit Fixed Variable Total cost per trophy > Answer is complete but not entirely correct. 4,000 $ 64,000 42,000 $ 106,000 $ 16.00 10.50 $ 26.50 $ 6,000 $ 64,000 42,000 $ 106,000 $ 64,000 63,000 $ 127,000 $ 10.66 10.50 21.16 $ $ 8,000 $ 64,000 105,000 $ 169,000 8.00 10.50 18.50 $ $ 10,000 6.40 10.50 16.90
Transcribed Image Text:Number of Trophies Total costs incurred Fixed Variable Total costs Cost per unit Fixed Variable Total cost per trophy > Answer is complete but not entirely correct. 4,000 $ 64,000 42,000 $ 106,000 $ 16.00 10.50 $ 26.50 $ 6,000 $ 64,000 42,000 $ 106,000 $ 64,000 63,000 $ 127,000 $ 10.66 10.50 21.16 $ $ 8,000 $ 64,000 105,000 $ 169,000 8.00 10.50 18.50 $ $ 10,000 6.40 10.50 16.90
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