The following costs are for Optical View Incorporated, a contact lens manufacturer:   Output in Units  Fixed Costs Variable Costs Total Costs 250 $ 4,750 $ 7,500 $ 12,250 300 4,750 9,000 13,750 350 4,750 10,500 15,250 400 4,750 12,000 16,750   Required: 2. For each level of output calculate the per-unit total cost, per-unit variable cost, and per-unit fixed cost. (IMAGE ATTACHED)     3. Using the results from requirement 2, graph the per-unit total cost, per-unit variable cost, and per-unit fixed cost. (Use the line tool to draw the per-unit total cost, per-unit variable cost, and per-unit fixed cost. To earn full credit for this graph you must plot all required points for each curve. While plotting the points a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.)

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.1C
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The following costs are for Optical View Incorporated, a contact lens manufacturer:

 

Output in Units  Fixed Costs Variable Costs Total Costs
250 $ 4,750 $ 7,500 $ 12,250
300 4,750 9,000 13,750
350 4,750 10,500 15,250
400 4,750 12,000 16,750

 

Required:

2. For each level of output calculate the per-unit total cost, per-unit variable cost, and per-unit fixed cost. (IMAGE ATTACHED)

 

 

3. Using the results from requirement 2, graph the per-unit total cost, per-unit variable cost, and per-unit fixed cost. (Use the line tool to draw the per-unit total cost, per-unit variable cost, and per-unit fixed cost. To earn full credit for this graph you must plot all required points for each curve. While plotting the points a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.)

Output in Units
250
300
350
400
Fixed
Costs/Unit
$
GA
$
$
$
EA
Variable
Costs/Unit
19
$
16 $
GALA
14 $
12 $
30 $
30 $
8888
Total
Costs/Unit
30
LA GA
$
30 $
49
46
328
44
42
Transcribed Image Text:Output in Units 250 300 350 400 Fixed Costs/Unit $ GA $ $ $ EA Variable Costs/Unit 19 $ 16 $ GALA 14 $ 12 $ 30 $ 30 $ 8888 Total Costs/Unit 30 LA GA $ 30 $ 49 46 328 44 42
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