Variable costs: These are the costs that proportionately change with the changes in the activity base such as units of production Common examples of variable costs are direct materials and direct labor costs. Fixed Costs: These are the costs that remain constant in total dollar amount irrespective to the changes in the activity base such as units of production. Common examples of fixed costs are factory overhead costs and straight-line depreciation expenses. To complete: the cost schedule by identifying each cost by the appropriate letter (A) through (O).

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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 88,400 to 142,800 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 88,400 109,200 142,800 Total costs: Total variable costs $33,592 (d) (j) Total fixed costs 37,128 (e) (k) Total costs $70,720 (f) (1) Cost per unit: Variable cost per unit.. (a) (g) (m) Fixed cost per unit . (b) (h) (n) Total cost per unit . (c) (i) (0) Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar. Cost Report Components produced 88,400 109,200 142,800 Total costs: Total variable costs $33,592 (d) $ (j) $ Total fixed costs 37,128 (e) (k) Total costs $70,720 (f) $ (1) $ Cost per Unit Variable cost per unit (a) $ (g) $ (m) $ Fixed cost per unit (b) (h) (n) Total cost per unit (c) (i) $ (0) $

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Chapter 19, Problem 19.6EX

To determine

Variable costs: These are the costs that proportionately change with the changes in the activity base such as units of production Common examples of variable costs are direct materials and direct labor costs.

Fixed Costs: These are the costs that remain constant in total dollar amount irrespective to the changes in the activity base such as units of production. Common examples of fixed costs are factory overhead costs and straight-line depreciation expenses.

To complete: the cost schedule by identifying each cost by the appropriate letter (A) through (O).

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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 88,400 to 142,800 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 88,400 109,200 142,800 Total costs: Total variable costs $33,592 (d) (j) Total fixed costs 37,128 (e) (k) Total costs $70,720 (f) (1) Cost per unit: Variable cost per unit.. (a) (g) (m) Fixed cost per unit . (b) (h) (n) Total cost per unit . (c) (i) (0) Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar. Cost Report Components produced 88,400 109,200 142,800 Total costs: Total variable costs $33,592 (d) $ (j) $ Total fixed costs 37,128 (e) (k) Total costs $70,720 (f) $ (1) $ Cost per Unit Variable cost per unit (a) $ (g) $ (m) $ Fixed cost per unit (b) (h) (n) Total cost per unit (c) (i) $ (0) $

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