Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.
Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 1PB: Bobcat uses a traditional cost system and estimates next years overhead will be $800.000, as driven...
Related questions
Question
![Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 114,000 to
182,400 memory chips per year. Within this range, the following partially completed
manufacturing cost schedule has been prepared.
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
114,000
144,000
182,400
Total costs:
$
Total variable costs
$49,020 (d)
(j)
Total fixed costs
54,720 (e)
(k)
$
$103,740 (f)
(1)
Total costs
Cost per Unit
$
Variable cost per unit
(a)
(g)
(m)
Fixed cost per unit
(b)
(h)
(n)
$
Total cost per unit
(c)
(i)
(0)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F06c39eee-1f9a-4e99-9392-10a12cd0deda%2F31ac98f8-0bea-4701-855b-4b3341b47943%2Fwpci3p_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 114,000 to
182,400 memory chips per year. Within this range, the following partially completed
manufacturing cost schedule has been prepared.
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
114,000
144,000
182,400
Total costs:
$
Total variable costs
$49,020 (d)
(j)
Total fixed costs
54,720 (e)
(k)
$
$103,740 (f)
(1)
Total costs
Cost per Unit
$
Variable cost per unit
(a)
(g)
(m)
Fixed cost per unit
(b)
(h)
(n)
$
Total cost per unit
(c)
(i)
(0)
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 4 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Financial And Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337902663/9781337902663_smallCoverImage.jpg)
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Financial And Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337902663/9781337902663_smallCoverImage.jpg)
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Managerial Accounting: The Cornerstone of Busines…](https://www.bartleby.com/isbn_cover_images/9781337115773/9781337115773_smallCoverImage.gif)
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
![Excel Applications for Accounting Principles](https://www.bartleby.com/isbn_cover_images/9781111581565/9781111581565_smallCoverImage.gif)
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning