MicroGear Inc is examining the behavior of three different costs over three months Month Units Produced Total Cost J Cost per Unit J Total Cost K Cost per Unit K Total Cost L Cost per Unit L 1 2,200 $4,400 $6,600 $8,800 2 4,400 $4,400 $8,800 $17,600 3 1,100 $4,400 $4,400 $4,400 Required a Calculate the cost per unit for each type of cost and classify them as fixed, variable, or mixed Provide explanations for your classifications b Discuss how identifying cost behavior patterns can assist in cost management and decision making

Question: MicroGear Inc. is examining the behavior of three different costs over three months. Month Units Produced Total Cost J Cost per Unit J Total Cost

MicroGear Inc. is examining the behavior of three different costs over three months.

Month	Units Produced	Total Cost J	Total Cost K	Total Cost L
1	2,200	$4,400	$6,600	$8,800
2	4,400	$4,400	$8,800	$17,600
3	1,100	$4,400	$4,400	$4,400

Required: a. Calculate the cost per unit for each type of cost and classify them as fixed, variable, or mixed. Provide explanations for your classifications.
b. Discuss how identifying cost behavior patterns can assist in cost management and decision-making.

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