Question: Anne's Cupcakes incurred the following costs in 2020 at two different levels of production: 50,000 Units 75,000 units Direct Materials $50,000 $75,000 Selling Costs $5,000
Anne's Cupcakes incurred the following costs in 2020 at two different levels of production:
| 50,000 Units | 75,000 units | |
| Direct Materials | $50,000 | $75,000 |
| Selling Costs | $5,000 | $7,500 |
| Depreciation | $7,000 | $7,000 |
| Rent | $17,000 | $17,000 |
| Labour | $25,000 | $37,500 |
| Utilities | $7,500 | $8,500 |
Calculate total variable, fixed and mixed costs.
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