Jolie Co. reports the following total costs at two levels of production. 1) Calculate the unit...
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Jolie Co. reports the following total costs at two levels of production. 1) Calculate the unit cost for the two levels of production and Classify each cost as variable, fixed, or mixed based on your calculation answers 5,000 Units 10,000 Units Per unit cost (5,000) Per unit cost (10,000) Cost category Indirect labor Property taxes 3,000 6,000 7,000 7,000 Direct labor 28,000 56,000 Direct materials 22,000 44,000 Depreciation (straight line) 4,000 4,000 Utilities 5,000 8,000 Maintenance 9,000 11,000 2) Answer the following conceptual questions: Which cost category varies in total proportionately with changes in activity level, but per unit costs remain the same dispite the activity level? Which cost category varies with activity level on the total AND unit level. Which cost category remains constant in total dispite activity level, but declines on a per unit level as activity level increases? Jolie Co. reports the following total costs at two levels of production. 1) Calculate the unit cost for the two levels of production and Classify each cost as variable, fixed, or mixed based on your calculation answers 5,000 Units 10,000 Units Per unit cost (5,000) Per unit cost (10,000) Cost category Indirect labor Property taxes 3,000 6,000 7,000 7,000 Direct labor 28,000 56,000 Direct materials 22,000 44,000 Depreciation (straight line) 4,000 4,000 Utilities 5,000 8,000 Maintenance 9,000 11,000 2) Answer the following conceptual questions: Which cost category varies in total proportionately with changes in activity level, but per unit costs remain the same dispite the activity level? Which cost category varies with activity level on the total AND unit level. Which cost category remains constant in total dispite activity level, but declines on a per unit level as activity level increases?
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