Question: Exercise 2 - 6 A ( Algo ) Fixed versus variable cost behavior LO 2 - 1 Walton Trophies makes and sells trophies it distributes

Exercise 2-6A (Algo) Fixed versus variable cost behavior LO 2-1
Walton Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 6,000 and 12,000 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.
\table[[Number of Trophies,6000,8000,10000,12000],[Total costs incurred],[Fixed,$,78,000,,,,,,],[Variable,,60,000,,,,,,],[Total costs,$,138,000,$,0,$,0,$,0],[Cost per unit],[Fixed,,13.00,,,,,,],[Variable,,10.00,,,,,,],[Total cost per trophy,$,23.00,$,0.00,$,0.00,$,0.00]]
 Exercise 2-6A (Algo) Fixed versus variable cost behavior LO 2-1 Walton

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!