Stuart Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 10,000 and 16,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. Note: Round "Cost per unit" answers to 2 decimal places. Number of Trophies Total costs incurred Fixed Variable Total costs Cost per unit Fixed Variable Total cost per trophy 10,000 $ $ $ 12,000 66,000 $ 66,000 66,000 $ 50,400 66,000 $ 58,800 42,000 67,200 $ 108,000 $ 116,400 $ 124,800 $ 133,200 6.60 4.20 10.80 $ 14,000 4.20 4.20 $ 4.20 4.20 16,000 $ 4.20 4.20

Stuart Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 10,000 and 16,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. Note: Round "Cost per unit" answers to 2 decimal places. Number of Trophies Total costs incurred Fixed Variable Total costs Cost per unit Fixed Variable Total cost per trophy 10,000 $ $ $ 12,000 66,000 $ 66,000 66,000 $ 50,400 66,000 $ 58,800 42,000 67,200 $ 108,000 $ 116,400 $ 124,800 $ 133,200 6.60 4.20 10.80 $ 14,000 4.20 4.20 $ 4.20 4.20 16,000 $ 4.20 4.20

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter2: Basic Managerial Accounting Concepts

Section: Chapter Questions

Problem 4MCQ

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