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Leach Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 5,000 and 12,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table bu filling in rou f the table

Leach Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 5,000 and 12,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table bu filling in rou f the table

FINANCIAL ACCOUNTING
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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Leach Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 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 $ $ $ $ 6,000 60,000 60,000 120,000 10.00 10.00 20.00 8,000 10,000 12,000
Transcribed Image Text:Leach Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 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 $ $ $ $ 6,000 60,000 60,000 120,000 10.00 10.00 20.00 8,000 10,000 12,000
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