Question: 2 The following information summarizes the company's cost structure: Variable cost per unit Fixed cost per unit Total cost per unit Units produced and sold
2 The following information summarizes the company's cost structure: Variable cost per unit Fixed cost per unit Total cost per unit Units produced and sold $1.50 4.5 $5.80 45,000 Assume that all of the activity levels mentioned in this problem are within the relevant range. Required: Prepare a schedule showing predictions for the following items at the 40,000-unit level of activity. Round answers to two decimal places. a. Total variable cost. (1 Mark) b. Total fixed cost. (1 Mark) c. Variable cost per unit. (1 Mark) d. Fixed cost per unit. (1 Mark) Note: The total fixed cost is $4.50 x 45,000-$202,500
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