Classify each individual element of cost according to its behavior pattern (fixed, variable, or semi-variable). b) Compute for: 1) total revenue at $63/u, 2) total variable costs, 3) total fixed costs, 4) total semi-variable costs 5) total cost & 6) profit per unit For: lower level, upper level and zero activity level. Lower Level Upper Level F,V,SV Production (units) 5,000 7,500 Manufacturing costs: Direct materials $50,000 $75,000 ______ Direct Labor 40,000 60,000 ______ Overhead: Indirect Labor 21,000 28,500 ______ Supplies 20,000 30,000 ______ Depreciation 12,000 12,000 ______ Distribution expenses: Salespersons 45,000 62,500 ______ Travel 8,000 8,000 ______ Advertising 5,000 5,000 ______ Other 29,000 41,500 ______ General and administrative expenses 30,000 37,500 ______ 1-a) Classify each individual element of cost according to its behavior pattern (fixed, variable, or semi-variable).b) Compute for: 1) total revenue at $63/u,2) total variable costs,3) total fixed costs,4) total semi-variable costs5) total cost &6) profit per unitFor: lower level, upper level and zero activity level.Lower LevelUpper LevelF.V,SVProduction (units)5,0007,500Manufacturing costs:Direct materials$50,000$75,000Direct Labor40,00060,000Overhead:Indirect Labor21,00028,50030,000SuppliesDepreciationDistribution expenses:20,00012,00012,000Salespersons45,0008,0005,00062,5008,0005,000TravelAdvertisingOther29,00041,500General and administrative expenses30,00037,500

Fixed costs, variable costs, and semi-variable costs are types of costs that are classified based on…

lassify each individual element of cost according to its behavior pattern (fixed, variable, or semi-variable). b) Compute for: 1) total revenue at $63/u, 2) total variable costs, 3) total fixed costs, 4) total semi-variable costs 5) total cost & 6) profit per unit For: lower level, upper level and zero activity level. Lower Level Upper Level F,V,SV Production (units) 5,000 7,500 Manufacturing costs: Direct materials $50,000 $75,000 Direct Labor 40,000 60,000 Overhead: Indirect Labor 21,000 28,500 Supplies 20,000 30,000 Depreciation 12,000 12,000 Distribution expenses: Salespersons 45,000 62,500 Travel 8,000 8,000 Advertising 5,000 5,000 Other 29,000 41,500 General and administrative expenses 30,000 37,500

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter11: Price And Output Determination: Monopoly And Dominant Firms

Section: Chapter Questions

Problem 6E

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Classify each individual element of cost according to its behavior pattern (fixed, variable, or semi-variable). b) Compute for: 1) total revenue at $63/u, 2) total variable costs, 3) total fixed costs, 4) total semi-variable costs 5) total cost & 6) profit per unit For: lower level, upper level and zero activity level. Lower Level Upper Level F,V,SV Production (units) 5,000 7,500 Manufacturing costs: Direct materials $50,000 $75,000 ______ Direct Labor 40,000 60,000 ______ Overhead: Indirect Labor 21,000 28,500 ______ Supplies 20,000 30,000 ______ Depreciation 12,000 12,000 ______ Distribution expenses: Salespersons 45,000 62,500 ______ Travel 8,000 8,000 ______ Advertising 5,000 5,000 ______ Other 29,000 41,500 ______ General and administrative expenses 30,000 37,500 ______

1-a) Classify each individual element of cost according to its behavior pattern (fixed, variable, or semi-variable).
b) Compute for: 1) total revenue at $63/u,
2) total variable costs,
3) total fixed costs,
4) total semi-variable costs
5) total cost &
6) profit per unit
For: lower level, upper level and zero activity level.
Lower Level
Upper Level
F.V,SV
Production (units)
5,000
7,500
Manufacturing costs:
Direct materials
$50,000
$75,000
Direct Labor
40,000
60,000
Overhead:
Indirect Labor
21,000
28,500
30,000
Supplies
Depreciation
Distribution expenses:
20,000
12,000
12,000
Salespersons
45,000
8,000
5,000
62,500
8,000
5,000
Travel
Advertising
Other
29,000
41,500
General and administrative expenses
30,000
37,500

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