Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 61,600 to 100,800 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 61,600 79,200 100,800 Total costs: Total variable costs . . . . . . . . . $19,712 (d) (j) Total fixed costs . . . . . . . . . . . . 22,176 (e) (k) Total costs . . . . . . . . . . . . . . . . . $41,888 (f) (l) Cost per unit: Variable cost per unit . . . . . . . (a) (g) (m) Fixed cost per unit . . . . . . . . . . (b) (h) (n) Total cost per unit . . . . . . . . . . (c) (i) (o) Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other val
Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 61,600 to 100,800 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 61,600 79,200 100,800 Total costs: Total variable costs . . . . . . . . . $19,712 (d) (j) Total fixed costs . . . . . . . . . . . . 22,176 (e) (k) Total costs . . . . . . . . . . . . . . . . . $41,888 (f) (l) Cost per unit: Variable cost per unit . . . . . . . (a) (g) (m) Fixed cost per unit . . . . . . . . . . (b) (h) (n) Total cost per unit . . . . . . . . . . (c) (i) (o) Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other val
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Relevant Range and Fixed and Variable Costs
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 61,600 to 100,800 memory chips per year. Within this range, the following partially completed
| Components produced | 61,600 | 79,200 | 100,800 |
| Total costs: | |||
| Total variable costs . . . . . . . . . | $19,712 | (d) | (j) |
| Total fixed costs . . . . . . . . . . . . | 22,176 | (e) | (k) |
| Total costs . . . . . . . . . . . . . . . . . | $41,888 | (f) | (l) |
| Cost per unit: | |||
| Variable cost per unit . . . . . . . | (a) | (g) | (m) |
| Fixed cost per unit . . . . . . . . . . | (b) | (h) | (n) |
| Total cost per unit . . . . . . . . . . | (c) | (i) | (o) |
Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.
| Cost Report | ||||||
| Components produced | 61,600 | 79,200 | 100,800 | |||
| Total costs: | ||||||
| Total variable costs | $19,712 | (d) | $fill in the blank 1 | (j) | $fill in the blank 2 | |
| Total fixed costs | 22,176 | (e) | fill in the blank 3 | (k) | fill in the blank 4 | |
| Total costs | $41,888 | (f) | $fill in the blank 5 | (l) | $fill in the blank 6 | |
| Cost per Unit | ||||||
| Variable cost per unit | (a) | $fill in the blank 7 | (g) | $fill in the blank 8 | (m) | $fill in the blank 9 |
| Fixed cost per unit | (b) | fill in the blank 10 | (h) | fill in the blank 11 | (n) | fill in the blank 12 |
| Total cost per unit | (c) | $fill in the blank 13 | (i) | $fill in the blank 14 | (o) | $fill in the blank 15 |
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