Components produced 45,000 60,000 75,000 Total costs: Total variable costs ... $ 1,350,000 (d) () Total fixed costs 810000 (e) (k) Total costs.... $2,160,000 (f) (1) Cost per unit: Variable cost per unit. Fixed cost per unit ... Total cost per unit (a) (g) (h) (m) (b) (n) (c) (i) (o) ...

Components produced 45,000 60,000 75,000 Total costs: Total variable costs ... $ 1,350,000 (d) () Total fixed costs 810000 (e) (k) Total costs.... $2,160,000 (f) (1) Cost per unit: Variable cost per unit. Fixed cost per unit ... Total cost per unit (a) (g) (h) (m) (b) (n) (c) (i) (o) ...

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

Relevant range and fixed and variable costs
Vogel Inc. manufactures memory chips for electronic toys within a
relevant range of 45,000 to 75,000 memory chips per year. Within this range, the following partially completed
Manufacturing cost schedule has been prepared

Complete the cost schedule, identifying each cost by the appropriate
letter (a) through (o).

Components produced
45,000
60,000
75,000
Total costs:
Total variable costs ...
$ 1,350,000
(d)
()
Total fixed costs
810000
(e)
(k)
Total costs....
$2,160,000
(f)
(1)
Cost per unit:
Variable cost per unit.
Fixed cost per unit ...
Total cost per unit
(a)
(g)
(h)
(m)
(b)
(n)
(c)
(i)
(o)
...

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