Question: Variable and Fixed Cost Behavior LO14 Munchak Companys relevant range of production is between 9,000 and 11,000 units. Last month the company produced 10,000 units.

Variable and Fixed Cost Behavior LO1–4 Munchak Company’s relevant range of production is between 9,000 and 11,000 units. Last month the company produced 10,000 units. Its total manufacturing cost per unit produced was $70.

At this level of activity, the company’s variable manufacturing costs are 40% of its total manufacturing costs.

Required:

Assume next month Munchak produces 10,050 units and its cost behavior patterns remain unchanged. Label each of the following statements as true or false with respect to next month.

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