Question: Exercise 22-02 b-d (Part Level Submission) Crane Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a

 Exercise 22-02 b-d (Part Level Submission) Crane Enterprises is considering manufacturing
a new product. It projects the cost of direct materials and rent

Exercise 22-02 b-d (Part Level Submission) Crane Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent Direct In Units Expense Materials 1,000 $7,235 $5,788 2,000 7,235 8,700 3,000 11,576 8,700 4,000 11,576 11,600 5,000 11,576 14,500 6,000 11,576 17,400 7,000 11,576 20,300 8,000 11,576 23,200 9,000 14,470 42,397 10,000 14,470 50,645 11,000 14,470 63,668 dy Your answer is correct. Determine the relevant range of activity for this product. The relevant range of activity for this product 3,000 - 3,000 units Click if you would like to show work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 2 of 4 us. 9,000 10,000 11,000 14,470 14,470 14,470 42,397 50,645 63,668 2 (b) Your answer is correct. an) Determine the relevant range of activity for this product. The relevant ange of activity for this product 3,000 - 8,000 units Click If you would like to show Work for this question: Open Show Work dy SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 2 of (c) Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places e.g. 2.25.) Variable costs per unit per unit Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Attempts: 0 of 4 used

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!