Cost per unit:Variable cost per unit(a)(g)(m)Fixed cost per unit(b)(h)(n)Total cost per unit(c)(i)(0)Complete the cost schedule below. Round costs per unit to the nearest cent.Components producedTotal costs:Total variable costsTotal fixed costsTotal costsCost per unit:Variable cost per unitFixed cost per unitTotal cost per unitCheck My MealsCost Schedule76,800$27,64830,720$58,368$96,000128,000000 000 Relevant Range and Fixed and Variable CostsThird World Gamer Inc. manufactures components for computer games within a relevant range of 76,800 to 128,000 disks per year. Within this range,the following partially completed manufacturing cost schedule has been prepared:Components producedTotal costs:Total variable costsTotal fixed costs"Total costsCost per unit:Variable cost per unitFixed cost per unitTotal cost per unitComponents produced76,800Total costs:$27,64830,720$58,368(a)(b)(c)96,000(g)(m)(h)(n)(i)(0)Complete the cost schedule below. Round costs per unit to the nearest cent.(d)(e)(f)76,800Cost Schedule128,000(j)(k)(1)96,000128,000

Variable costs are expenses that vary in direct proportion to changes in the level of production or…

Cost per unit: Variable cost per unit Fixed cost per unit Total cost per unit (a) (g) (m) (b) (h) (n) (c) (i) (0) Complete the cost schedule below. Round costs per unit to the nearest cent. Components produced 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 Cost Schedule 76,800 $27,648 30,720 004 007 000 000 $58,368 96,000 $ 128,000

Cost per unit: Variable cost per unit Fixed cost per unit Total cost per unit (a) (g) (m) (b) (h) (n) (c) (i) (0) Complete the cost schedule below. Round costs per unit to the nearest cent. Components produced 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 Cost Schedule 76,800 $27,648 30,720 004 007 000 000 $58,368 96,000 $ 128,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Potter Corporation produces one product. The following per unit cost information is available: Direct materials $ 7.00 Direct labor 15.00 Variable overhead 8.00 Variable Selling and Admin. 2.00 Fixed overhead costs are $100,000 per peiod and fixed selling and administrative costs are $70,000 per period. The selling price is $70 per unit. REQUIRED: A. Prepare an absorption costing (traditional) income statement assuming: 1. Production is 8,000 units and sales are 8,000 units. 2. Production is 8,000 units and salesa are 9,000 units. 3. Production is 8,000 units and sales are 6,000 units. Unit Sales 8,000 Sales Cost of Goods Sold Gross Profit Selling and Admin Net Income 9,000 6,000
5
The following data have been collected for four different cost items. Cost at Cost 100 Cost at Item units 140 units W $8,000 $10,560 X $5,000 $ 5,000 $6,500 $ 9,100 Z $6,700 $ 8,580 NAX Y Which of the following classifications of these cost items by cost behavior is correct? A) B) C) D) Cost W variable mixed variable mixed Cost X fixed fixed fixed fixed Cost Y mixed variable variable mixed Cost Z variable mixed variable mixed
For each variable cost per unit listed below, determine the total variable cost when units produced and sold are 40, 80, and 160 units. Direct materials $ 35 Direct labor 55 Variable overhead Sales commission 11 12 Begin by calculating the total variable cost for each variable cost per unit listed, and the total variable cost when sales are 40 units. Then calculate the total variable cost when sales are 80 and 160 units, respectively Variable cost per unit Variable Cost at 40 Units Direct materials Direct labor Variable overhead $ 35 55 11 Sales commission 12 Total variable cost
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need last three requirement , answer in text form please (without image)
Data table Units of D4H produced and sold 1. 2. Selling price 3. Direct materials (kilograms) 4. Direct material cost per kilogram 5. Manufacturing capacity (units of D4H) 6. Total conversion costs 7. 8. Selling and customer-service capacity 9. Total selling and customer-service costs 10. Selling and customer-service capacity cost per customer 11. Design staff 12. Total design costs 13. Design cost per employee Conversion cost per unit of capacity Alt+Q Print Done $ $ 210 41,000 $ 310,000 7.25 $ 250 2,125,000 $ 8,500 $ $ $ 2,150,000 8,600 95 customers 90 customers 900,000 10,000 12 1,045,000 $ 11,000 $ 12 1,212,000 $ 101,000 $ $ $ ZUZT $ $ ZUZZ 235 43,000 325,000 7.75 250 1,218,000 101,500 (similar to) Data table HW Score: 3.03%, 0.12 of 4 points Daint 0 10 of 1 Revenue effect of growth Cost effect of growth The company has chosen a product differentiation strategy. The growth, price- recovery, and productivity components of the change in operating income from 2021 to 2022 are as…
Using this information from Planters, Inc., what is the cost per unit under variable costing? Round to the nearest penny, two decimal places. Planters, Inc data Cost Production Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Amount 11,808 units $231 271 105 1,150,457
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High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 6,300 $482,160 2,100 309,960 4,120 459,430 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) per unit Total fixed cost b. Based on part (a), estimate the total cost for 3,020 units of production. Total cost for 3,020 units:
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