Total CostsVariable CostsFixed CostsTotal CostsCosts per unitVariable cost per unitFixed cost per unit 008 STotal cost per unit0082$60,000101150,000Units produced and sold80,0000015004.50erinoMnsl100,000doa19AGigi's Gadgets manufactures and sells a single product. A partially completed schedule of the cototal and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold durirgiven year are listed above.1. Complete the schedule for the company's total and unit costs above.matul ad quizU2. Assume that the company sells 90,000 during a year. The selling price is $7.50 per unit.an income statement using the contribution margin format for that year.

The total cost of production comprises fixed and variable Costs. The total fixed costs and variable…

Total Costs Variable Costs Fixed Costs Total Costs Costs per unit Variable cost per unit Fixed cost per unit 008 S 2 Total cost per unit $ 60,000 150,000 Units produced and sold 80,000 4.50 erinom 100,000 dsa i's Gadgets manufactures and sells a single product. A partially completed schedule of th al and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold en year are listed above. 1. Complete the schedule for the company's total and unit costs above. 2. Assume that the company sells 90,000 during a year. The selling price is $7.50 per an income statement using the contribution margin format for that year.

Total Costs Variable Costs Fixed Costs Total Costs Costs per unit Variable cost per unit Fixed cost per unit 008 S 2 Total cost per unit $ 60,000 150,000 Units produced and sold 80,000 4.50 erinom 100,000 dsa i's Gadgets manufactures and sells a single product. A partially completed schedule of th al and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold en year are listed above. 1. Complete the schedule for the company's total and unit costs above. 2. Assume that the company sells 90,000 during a year. The selling price is $7.50 per an income statement using the contribution margin format for that year.

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 6E: Relevant range and fixed and variable costs Child Play Inc. manufactures electronic toys within a...

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