[LO3, Parker Company manufactures and sells a single product. A partially completed schedule of the company’s total and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold each year is given below: Units Produced and Sold 60,000 80,000 100,000 Total costs: Variable costs... Fixed costs . ... $150,000 ? 360,000 Total costs .. $510,000 Cost per unit: Variable cost.. . . Fixed cost.. Total cost per unit . .
[LO3, Parker Company manufactures and sells a single product. A partially completed schedule of the company’s total and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold each year is given below: Units Produced and Sold 60,000 80,000 100,000 Total costs: Variable costs... Fixed costs . ... $150,000 ? 360,000 Total costs .. $510,000 Cost per unit: Variable cost.. . . Fixed cost.. Total cost per unit . .
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
- Complete the schedule of the company's total and unit costs
- assume the company produces and sells 90,000 units at $7.50 per unit. Prepare a contribution format income statement
![[LO3,
Parker Company manufactures and sells a single product. A partially completed schedule of the
company’s total and per unit costs over a relevant range of 60,000 to 100,000 units produced and
sold each year is given below:
Units Produced and Sold
60,000
80,000
100,000
Total costs:
Variable costs...
Fixed costs . ...
$150,000
?
360,000
Total costs ..
$510,000
Cost per unit:
Variable cost.. . .
Fixed cost..
Total cost per unit . .](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F54d2e198-bc66-47c9-817f-3561527d5271%2Fb561e0e4-a9ae-4078-8675-14354fc5fbce%2Fk64owal_reoriented.jpeg&w=3840&q=75)
Transcribed Image Text:[LO3,
Parker Company manufactures and sells a single product. A partially completed schedule of the
company’s total and per unit costs over a relevant range of 60,000 to 100,000 units produced and
sold each year is given below:
Units Produced and Sold
60,000
80,000
100,000
Total costs:
Variable costs...
Fixed costs . ...
$150,000
?
360,000
Total costs ..
$510,000
Cost per unit:
Variable cost.. . .
Fixed cost..
Total cost per unit . .
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