At the various sales levels shown, Hobb Company incurred the following costs: Required Identify each of these
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Identify each of these costs as fixed, variable, ormixed.
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Units Sold 50 100 150 200 250 a. Cost per unit of merchandise sold b. c. d. e. f. g. h. i. j. 8.00 30.00 40.00 8.00 S 8.00 S 8.00 $8.00 Total cost of goods sold Depreciation cost per unit Total rent cost Total shipping cost Rent cost per unit of merchandise sold Total utility cost Supplies cost per unit Total insurance cost Total salary cost 4.000.00 8,000.00 12,000.00 16,000.00 20,000.00 10.00 7.50 600.00 600.00 600.00 600.00 160.00 3.00 200.00 300.00 400.00 500.00 4.00 500.00 500.00 500.00 500.00 15.00 6.00 600.00 200.00 2.40 600.00 4.00 500.00 80.00 120.00 12.00 6.00 4.00 4.00 4.00 4.00 1,500.00 2,000.00 2,500.00 3,000.00 3,500.00
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Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
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