please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) Walton Company makes fine jewelry that it sells to department stores throughout the United States. Walton is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow. Bracelet ABracelet BCost of materials per unit$32 $45 Cost of labor per unit 48 48 Advertising cost per year 9,800 6,600 Annual depreciation on existing equipment 7,000 5,400 RequiredIdentify the fixed costs and determine the amount of fixed cost for each product. Fixed CostsBracelet ABracelet B Total fixed costs b. Identify the variable costs and determine the amount of variable cost per unit for each product. Variable CostsBracelet ABracelet B Total variable costs per unit c. Identify the avoidable costs and determine the amount of avoidable cost for each product. Avoidable CostsBracelet ABracelet B

Answered: Walton Company makes fine jewelry that…

Variable cost is the cost that changes with change in the activity of cost driver used. The variable…

Bracelet A

Bracelet B

Cost of materials per unit

Cost of labor per unit

Advertising cost per year

Annual depreciation on existing equipment

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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please answer within the format by providing formula the detailed working
Please provide answer in text (Without image)
Please provide answer in text (Without image)
Please provide answer in text (Without image)

Walton Company makes fine jewelry that it sells to department stores throughout the United States. Walton is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow.

Required

Identify the fixed costs and determine the amount of fixed cost for each product.

Fixed Costs	Bracelet A	Bracelet B


Total fixed costs

b. Identify the variable costs and determine the amount of variable cost per unit for each product.

Variable Costs	Bracelet A	Bracelet B


Total variable costs per unit

c. Identify the avoidable costs and determine the amount of avoidable cost for each product.

Avoidable Costs	Bracelet A	Bracelet B

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