Exercise 11-6A (Algo) Fixed versus variable cost behavior LO 11-1 Walton Trophies makes and sells trophies...
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Exercise 11-6A (Algo) Fixed versus variable cost behavior LO 11-1 Walton Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 5,000 and 12,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. Note: Round "Cost per unit" answers to 2 decimal places. Number of Trophies 6,000 8,000 10,000 12,000 Total costs incurred Fixed $ 72,000 Variable 42,000 Total costs $ 114,000 Cost per unit Fixed $ 12.00 Variable 7.00 Total cost per trophy $ 19.00 Exercise 11-6A (Algo) Fixed versus variable cost behavior LO 11-1 Walton Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 5,000 and 12,000 trophies per year. The following cost data apply to various activity levels: Required Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. Note: Round "Cost per unit" answers to 2 decimal places. Number of Trophies 6,000 8,000 10,000 12,000 Total costs incurred Fixed $ 72,000 Variable 42,000 Total costs $ 114,000 Cost per unit Fixed $ 12.00 Variable 7.00 Total cost per trophy $ 19.00
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