Fanning Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces...
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Fanning Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 5,000 and 11,000 trophies per year. The following cost data apply to various activity levels. Required Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your Intermediate calculations and per unit amounts to 2 decimal places.) Number of Trophies 5,000 7,000 9,000 11,000 Total costs incurred S 54,000 Fixed Variable 42,000 Total costs S 96,000 Cost per unit Fixed $ 10.80 Variable 8.40 Total cost per trophy $ 19.20 Fanning Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 5,000 and 11,000 trophies per year. The following cost data apply to various activity levels. Required Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your Intermediate calculations and per unit amounts to 2 decimal places.) Number of Trophies 5,000 7,000 9,000 11,000 Total costs incurred S 54,000 Fixed Variable 42,000 Total costs S 96,000 Cost per unit Fixed $ 10.80 Variable 8.40 Total cost per trophy $ 19.20
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Related Book For
Survey of Accounting
ISBN: 978-0078110856
3rd Edition
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
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