Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 100,800 to 165,600 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Components produced 100,800 128,800 165,600 Total costs: Total variable costs . . . . . . . . . $41,328 (d) (j) Total fixed costs . . . . . . . . . . . . 46,368 (e) (k) Total costs . . . . . . . . . . . . . . . . . $87,696 (f) (l) Cost per unit: Variable cost per unit . . . . . . . (a) (g) (m) Fixed cost per unit . . . . . . . . . . (b) (h) (n) Total cost per unit . . . . . . . . . . (c) (i) (o) 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 100,800 128,800 165,600 Total costs: Total variable costs $41,328 (d) $fill in the blank 1 (j) $fill in the blank 2 Total fixed costs 46,368 (e) fill in the blank 3 (k) fill in the blank 4 Total costs $87,696 (f) $fill in the blank 5 (l) $fill in the blank 6 Cost per Unit Variable cost per unit (a) $fill in the blank 7 (g) $fill in the blank 8 (m) $fill in the blank 9 Fixed cost per unit (b) fill in the blank 10 (h) fill in the blank 11 (n) fill in the blank 12 Total cost per unit (c) $fill in the blank 13 (i) $fill in the blank 14 (o) $fill in the blank 15

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6E: Relevant range and fixed and variable costs Child Play Inc. manufactures electronic toys within a...

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Relevant Range and Fixed and Variable Costs

Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 100,800 to 165,600 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:

Components produced	100,800	128,800	165,600
Total costs:
Total variable costs . . . . . . . . .	$41,328	(d)	(j)
Total fixed costs . . . . . . . . . . . .	46,368	(e)	(k)
Total costs . . . . . . . . . . . . . . . . .	$87,696	(f)	(l)
Cost per unit:
Variable cost per unit . . . . . . .	(a)	(g)	(m)
Fixed cost per unit . . . . . . . . . .	(b)	(h)	(n)
Total cost per unit . . . . . . . . . .	(c)	(i)	(o)

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		100,800		128,800		165,600
Total costs:
Total variable costs		$41,328	(d)	$fill in the blank 1	(j)	$fill in the blank 2
Total fixed costs		46,368	(e)	fill in the blank 3	(k)	fill in the blank 4
Total costs		$87,696	(f)	$fill in the blank 5	(l)	$fill in the blank 6
Cost per Unit
Variable cost per unit	(a)	$fill in the blank 7	(g)	$fill in the blank 8	(m)	$fill in the blank 9
Fixed cost per unit	(b)	fill in the blank 10	(h)	fill in the blank 11	(n)	fill in the blank 12
Total cost per unit	(c)	$fill in the blank 13	(i)	$fill in the blank 14	(o)	$fill in the blank 15

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