Question: Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below.

Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Shingle Enterprises is considering manufacturing a new product. It projects the cost

Exercise 18-2 Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent Direct in Units Expense Materials 1,000 S 6,940 S 5,552 2,000 6,910 9,991 3,000 11,104 6,000 4,000 11,104 8,000 5,000 11,104 10,000 6,000 11,104 12,000 7,000 11,104 14,000 8,000 11,104 16,000 9,000 13,880 40,668 10,000 13,880 48,580 11,000 13,880 61,072 Determine the relevant range of activity for this product. The relevant range of activity for this product units LINK TO TEXT Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places, e.g. 1.25.) Variable costs per unit per unit LINK TO TEXT Indicate the fixed cost within the relevant range. Fixed cost

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