Question: Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 114,000 to 182,400 memory chips
Relevant Range and Fixed and Variable Costs
Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 114,000 to 182,400 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.
| Memory chips produced | 114,000 | 144,000 | 182,400 |
| Total costs: | |||
| Total variable costs | $49,020 | d. $ | j. $ |
| Total fixed costs | 54,720 | e. | k. |
| Total costs | $103,740 | 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. $ |
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