1. Relevant Range and Fixed and Variable Costs

   Child Play Inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:

   Complete the cost schedule. When computing the cost per unit, round to two decimal places.

   Toys produced	40,000		80,000		120,000
   Total costs:
   Total variable costs	$720,000		d. $		j. $
   Total fixed costs	600,000		e.		k.
   Total costs	$1,320,000		f. $		l. $
   Cost per Unit
   Variable cost per unit	a. $		g. $		m. $
   Fixed cost per unit	b.		h.		n.
   Total cost per unit	c. $		i. $		o. $