Question: Question 1 m (6 Points) Question 16 points) : AQM Company is a manufacturing company that manufactures one product (couches), this one product has multiple

 Question 1 m (6 Points) Question 16 points) : AQM Company

Question 1 m (6 Points) Question 16 points) : AQM Company is a manufacturing company that manufactures one product (couches), this one product has multiple costs and expenses, from the data provided by the company please find and solve the questions below Data provided : Costs Manufacturing Manufacturing output = 1,000 output = 3,500 units units Wood cost 5,000 $ 17,500 $ Fabric cost 4,000 $ 14,000 $ Security costs 3,750 $ 3,750 $ Sales Department 3,000 $ 6,750 $ salaries Glue and stitching 300 $ 1,050 $ costs Utilities cost 1,750 $ 6,125$ 1 2 3 4 5 6 Solve the following: 1. Identify which of the above costs is/are the Variable costs (in name) 2. Identify which of the above costs is/are the fixed cost (in name) 3. Identify which of the above costs is/are the mixed cost (in name) 4. for the mixed cost element find the variable cost per unit 5. for the mixed cost element find the fixed cost 6. for the mixed cost element find the total cost for the manufacturing output of 3,350 unit

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!