Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 114,000 to182,400 memory chips per year. Within this range, the following partially completedmanufacturing cost schedule has been prepared.Complete the cost schedule below. When computing the cost per unit, round to two decimalplaces. Round all other values to the nearest dollar.Cost ReportComponents produced114,000144,000182,400Total costs:$Total variable costs$49,020 (d)(j)Total fixed costs54,720 (e)(k)$$103,740 (f)(1)Total costsCost per Unit$Variable cost per unit(a)(g)(m)Fixed cost per unit(b)(h)(n)$Total cost per unit(c)(i)(0)

Cost schedule :A cost schedule is a financial tool used in business and project management to…

Answered: Complete the cost schedule below. When…

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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Child Play Inc. manufactures electronic toys within a relevant range of 61,600 to 100,800 toys 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. Line Item Description Amount Amount Amount Toys 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 Line Item Description Amount Amount Amount 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…
Lazer Tag manufactures computer parts within a relevant range of 50,000 to 100,000 units per year. Complete the following manufacturing cost schedule (a through j) for Lazer Tag. Fill in the following chart. Parts Produced 50,000 100,000 TOTAL COSTS: Variable $75,000 ? Fixed 50,000 ? Total ? ? COSTS PER UNIT: Variable ? ? Fixed ? ? Total ? ?
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 values to the nearest dollar.
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 128,000 to 200,000 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 128,000 160,000 200,000 Total costs:     Total variable costs . . . . . . . . . $57,600 (d) (j)     Total fixed costs . . . . . . . . . . . . 64,000 (e) (k)     Total costs . . . . . . . . . . . . . . . . . $121,600 (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 128,000 160,000 200,000 Total costs: Total variable costs $57,600 (d) $fill in the blank 1 (j) $fill in the…
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: Components produced 114,000 144,000 182,400 Total costs:     Total variable costs . . . . . . . . . $49,020 (d) (j)     Total fixed costs . . . . . . . . . . . . 54,720 (e) (k)     Total costs . . . . . . . . . . . . . . . . . $103,740 (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 114,000 144,000 182,400 Total costs:      Total variable costs $49,020 (d) $fill in the blank 1 (j) $fill in the…
FirstClass Gaming Inc. manufactures components for computer games within a relevant range of 100,800 to 165,600 components per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 100,800 128,800   165,600     Total costs: Total variable costs $41,328 (d)       (j)           Total fixed costs 46,368 (e)       (k)           Total costs $87,696 (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. Round costs per unit to the nearest cent. Cost Schedule Components produced 100,800 128,800 165,600 Total costs: Total variable costs $41,328 $fill in the blank 1 $fill in the blank 2 Total fixed costs 46,368 fill…
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 45,000 to 75,000 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 45,000 60,000 75,000 Total costs: Total variable costs . . . . . . . . . $1,350,000 (d) (j) Total fixed costs . . . . . . . . . . . . 810,000 (e) (k) Total costs . . . . . . . . . . . . . . . . . $2,160,000 (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. When computing the cost per unit, round to two decimal places. Cost Report Components produced 45,000 60,000 75,000 Total costs: Total variable costs $1,350,000 (d) $ (j) $ Total fixed costs 810,000 (e) (k) Total costs $2,160,000…
FirstClass Gaming Inc. manufactures components for computer games within a relevant range of 72,000 to 114,000 components per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: produce a solution Components produced 72,000 91,200 114,000 Total costs: Total variable costs $24,480 (d) (j) Total fixed costs 27,360 (e) (k) Total costs $51,840 (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. Round costs per unit to the nearest cent. Cost Schedule Components produced 72,000 91,200 114,000 Total costs: Total variable costs $24,480 $fill in the blank 1 $fill in the blank 2 Total fixed costs…
Copper Hill Inc. manufactures laser printers within a relevant range of production of 70,000 to 100,000 printers per year. The following partially completed manufacturing cost schedule has been prepared: Complete the following cost schedule: Round your answers to two decimal places if required. Number of Printers Produced 70,000 Total costs: Total variable costs Total fixed costs Total costs Cost per unit: Variable cost per unit Fixed cost per unit Total cost per unit $350,000 630,000 $980,000 90,000 $ 100,000
Copper Hill Inc. manufactures laser printers within a relevant range of production of 70,000 to 100,000 printers per year. The following partially completed manufacturing cost schedule has been prepared: Complete the following cost schedule: Round your answers to two decimal places if required. Number of Printers Produced 70,000 90,000 100,000 Total costs: Total variable costs $350,000 $fill in the blank 1 $fill in the blank 2 Total fixed costs 630,000 fill in the blank 3 fill in the blank 4 Total costs $980,000 $fill in the blank 5 $fill in the blank 6 Cost per unit: Variable cost per unit $fill in the blank 7 $fill in the blank 8 $fill in the blank 9 Fixed cost per unit fill in the blank 10 fill in the blank 11 fill in the blank 12 Total cost per unit $fill in the blank 13 $fill in the blank 14 $fill in the blank 15
Rundle Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials. Unit-level labor Unit-level overhead Product-level costs* Allocated facility-level costs One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Rundle for $2.60 each. Required a. Calculate the total relevant cost. Should Rundle continue to make the containers? b. Rundle could lease the space it currently uses in the manufacturing process. If leasing would produce $11,600 per month, calculate the total avoidable costs. Should Rundle continue to make the containers? Answer is complete but not entirely correct. $ a. Total relevant cost a. Should Rundle continue to make the containers? b. Total avoidable cost b. Should Rundle continue to make the containers? 190.650,000 Yes $24,180,000 $ 5,200 6,100 4,000 7,800…
Emerald Pools, Inc. has provided the following information for the year. Units produced 14,000 units Sales price $700 per unit Direct materials $25 per unit Direct labor $45 per unit Variable manufacturing overhead $50 per unit Fixed manufacturing overhead $470,000 per year Variable selling and administration costs $90 per unit Fixed selling and administration costs $260,000 per year What is the unit product cost using absorption costing? (Round any intermediate calculations and your final answer to the nearest dollar.)

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Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.