Total CostsVariable CostsFixed CostsTotal CostsCosts per unitVariable cost per unitFixed cost per unit 008 STotal cost per unit0082$60,000101150,000Units produced and sold80,0000015004.50erinoMnsl100,000doa19AGigi's Gadgets manufactures and sells a single product. A partially completed schedule of the cototal and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold durirgiven year are listed above.1. Complete the schedule for the company's total and unit costs above.matul ad quizU2. Assume that the company sells 90,000 during a year. The selling price is $7.50 per unit.an income statement using the contribution margin format for that year.

The total cost of production comprises fixed and variable Costs. The total fixed costs and variable…

Total Costs Variable Costs Fixed Costs Total Costs Costs per unit Variable cost per unit Fixed cost per unit 008 S 2 Total cost per unit $ 60,000 150,000 Units produced and sold 80,000 4.50 erinom 100,000 dsa i's Gadgets manufactures and sells a single product. A partially completed schedule of th al and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold en year are listed above. 1. Complete the schedule for the company's total and unit costs above. 2. Assume that the company sells 90,000 during a year. The selling price is $7.50 per an income statement using the contribution margin format for that year.

Total Costs Variable Costs Fixed Costs Total Costs Costs per unit Variable cost per unit Fixed cost per unit 008 S 2 Total cost per unit $ 60,000 150,000 Units produced and sold 80,000 4.50 erinom 100,000 dsa i's Gadgets manufactures and sells a single product. A partially completed schedule of th al and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold en year are listed above. 1. Complete the schedule for the company's total and unit costs above. 2. Assume that the company sells 90,000 during a year. The selling price is $7.50 per an income statement using the contribution margin format for that year.

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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Period Ccb Home | bartl... of 15 ! 2 Required information [The following information applies to the questions displayed below.] my.post.edu... X 9- Unit 1 - C... Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Total fixed manufacturing cost Okay 3 9. If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production? 4 5 G what is the h... Init 1 - C... CO 6 7 Average Cost per Unit $ 7.00 $ 4.50 $ 1.40 $ 4.00 $ 4.00 $ 2.10 $ 1.10 $ 0.55 You 8 9 0 ct de
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Edgewater Enterprises manufactures two products. Information follows: Product A Product B Sales price $ 12.00 $ 15.25 Variable cost per unit $ 6.20 $ 6.90 Product mix 30% 70% M6-17 [LO 6-6] es Required: Calculate Edgewater's weighted-average contribution margin per unit. Note: Round your intermediate calculations and final answer to 2 decimal places. Weighted average CM per unit
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5 Question: computer for product cost per unit under variable costing?