Question: Exercise 2-5A (Algo) Fixed versus variable cost behavior LO 2-1 Adams Companys cost and production data for two recent months included the following: March April

Exercise 2-5A (Algo) Fixed versus variable cost behavior LO 2-1

Adams Companys cost and production data for two recent months included the following:

March April
Production (units) 700 900
Rent $ 2,200 $ 2,200
Utilities $ 800 $ 1,029

Required

Separately calculate the rental cost per unit and the utilities cost per unit for both March and April.

Identify which cost is variable and which is fixed.

Complete this question by entering your answers in the tabs below.

  • Required A
  • Required B

Separately calculate the rental cost per unit and the utilities cost per unit for both March and April. (Round your answers to 2 decimal places.)

March April
Rent cost per unit
Utility cost per unit

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