Exercise $11-6$A $($Algo$)$ Fixed versus variable cost behavior LO $11-1$

Baird Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between $10,000$ and $16,000$ trophies per year. The following cost data apply to various activity levels:

Required

Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table.

Note: Round "Cost per unit" answers to $2$ decimal places.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline Number of Trophies & $\backslash$multicolumn$\{2\}\{|$r$|\}\{10,000\}$ & $\backslash$multicolumn$\{2\}\{|$c$|\}\{12,000\}$ & $\backslash$multicolumn$\{2\}\{|$c$|\}\{14,000\}$ & $\backslash$multicolumn$\{2\}\{|$c$|\}\{16,000\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{9\}\{|$l$|\}\{$Total costs incurred$\}\backslash \backslash$

$\backslash$hline Fixed & $\backslash$$ & $54,000$ & & & & & & $\backslash \backslash$

$\backslash$hline Variable & & $42,000$ & & & & & & $\backslash \backslash$

$\backslash$hline Total costs & $\backslash$$ & $96,000$ & $\backslash$$ & $0$ & $\backslash$$ & $0$ & $\backslash$$ & $0\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{9\}\{|$l$|\}\{$Cost per unit$\}\backslash \backslash$

$\backslash$hline Fixed & $\backslash$$ & $5\mathrm{.}40$ & & & & & & $\backslash \backslash$

$\backslash$hline Variable & & $4\mathrm{.}20$ & & & & & & $\backslash \backslash$

$\backslash$hline Total cost per trophy & $\backslash$$ & $9\mathrm{.}60$ & $\backslash$$ & $0\mathrm{.}00$ & $\backslash$$ & $0\mathrm{.}00$ & $\backslash$$ & $0\mathrm{.}00\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$