Relevant range and fixed and variable costsVogel 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 completedManufacturing cost schedule has been prepared Components produced45,00060,00075,000Total costs:Total variable costs$ 1,350,000(d)()Total fixed costs810000(e)(k)Total costs..$2,160000(f)(1)Cost per unit:Variable cost per unit(a)(g)(h)(m)Fixed cost per unit(b)(n)Total cost per unit(c)(i)(o)Complete the cost schedule, identifying each cost by the appropriateletter (a) through (o).

(1) Fixed Cost : The Total Fixed Cost is the cost that will remains same at all levels of output.…

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

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

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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