Question: Relevant Range and Fixed and Variable Costs Third World Gamer Inc. manufactures components for computer games within a relevant range of 76,800 to 128,000 disks
Relevant Range and Fixed and Variable Costs
Third World Gamer Inc. manufactures components for computer games within a relevant range of 76,800 to 128,000 disks per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
| Components produced | 76,800 | 96,000 | 128,000 | |||
| Total costs: | ||||||
| Total variable costs | $27,648 | (d) | (j) | |||
| Total fixed costs | 30,720 | (e) | (k) | |||
| Total costs | $58,368 | (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) | |||
Complete the cost schedule below. Round costs per unit to the nearest cent.
| Cost Schedule | ||||||
| Components produced | 76,800 | 96,000 | 128,000 | |||
| Total costs: | ||||||
| Total variable costs | $27,648 | $fill in the blank 1 | $fill in the blank 2 | |||
| Total fixed costs | 30,720 | $fill in the blank 3 | $fill in the blank 4 | |||
| Total costs | $58,368 | $fill in the blank 5 | $fill in the blank 6 | |||
| Cost per unit: | ||||||
| Variable cost per unit | $fill in the blank 7 | $fill in the blank 8 | $fill in the blank 9 | |||
| Fixed cost per unit | $fill in the blank 10 | $fill in the blank 11 | $fill in the blank 12 | |||
| Total cost per unit | $fill in the blank 13 | $fill in the blank 14 | $fill in the blank 15 | |||
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