Question: Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 25,000 to 100,000 memory chips
Relevant RangeandFixedandVariable Costs
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 25,000 to 100,000 memory chips 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.
Cost ReportMemory chips produced45,00060,00075,000Total costs:Total variable costs$1,350,000d. $j. $Total fixed costs810,000e.k.Total costs$2,160,000f. $l. $Cost per UnitVariable cost per unita. $g. $m. $Fixed cost per unitb.h.n.Total cost per unitc. $i. $o. $
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