Identify each cost below as variable (V), fixed (F), or mixed (M), relative to units sold. Explain yourreason.
Answer to relevant QuestionsFor each total fixed cost listed below, determine the fixed cost per unit when sales are 50, 100, and 200 units. Store rent .......... $ 2,000Manager’s salary ....... 1,500Equipment lease ....... 1,000Depreciation on ...Complete the table below for contribution margin per unit, total contribution margin, and contribution marginratio:Following is the income statement for Mueller Mufflers for the month of June 2013:MUELLER MUFFLERSContribution Margin Income StatementMonth Ended June 30, 2013Sales Revenue (200 units × $ 175) ......... $ 35,000Variable ...British Productions performs London shows. The average show sells 900 tickets at $ 65 per ticket. There are 155 shows a year. No additional shows can be held as the theater is also used by other production companies. The ...What is variable costing?
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