Question: 15 Required: 1. Classify each cost as variable, fixed or mixed (6 marks). You may use columns Dand E in the chart above to assist


15 Required: 1. Classify each cost as variable, fixed or mixed (6 marks). You may use columns Dand E in the chart above to assist in answering the question, however, marks will only be awarded for the classification in 16 column F. 17 18 Part B. Independent from Part A 19 XYZ company has provided the following cost information when sales are 4,000 units. 20 21 Units produced and sold 4,000 22 23 Cost Total Per Unit 24 Variable Cost 1 $ 8.000$ 2.00 25 Variable Cost 2 $ 24.000 $ 6.00 26 Fixed Cost 1 $ 10,000 $ 2.50 27 Fixed Cost 2 $ 15,000 $ 5.00 28 1. The company plans on producing and selling 3,000 units next month which is in the relevant range. 29 How much will total costs be at this sales level? (2 marks) 30 31 Units 3,000 32 Total Variable costs B Cover Sheet Q1 Q2 Q3 04 Q5 Q6 Bonus Formulas + Clinton Mode Automatis Workbook Statistics B D E Cost Variable Cost 1 Variable Cost 2 Fixed Cost 1 Fixed Cost 2 Total Per Unit $ 8,000 $ 2.00 $ 24,000 $ 6.00 $ 10,000 $ 2.50 $ 15,000 $ 5.00 3 1. The company plans on producing and selling 3,000 units next month which is in the relevant range. 9 How much will total costs be at this sales level? (2 marks) 30 31 Units 3,000 32 Total Variable costs 33 Total Fixed Costs 34 35 36 37 38 39 40 41 42 Cover Sheet Q1 02
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