Shingle Enterprises Problem Data Shingle Enterprises is considering manufacturing a new product. It projects the co shown below. Output in Units Rent Expense Direct Materials Total Cost 1,000 $ 5,000 $4,000 $4,000 2,000 5,000 7,200 $12,200 3,000 8,000 9,000 $17,000 4,000 8,000 12,000 $20,000 5,000 8,000 15,000 $23,000 D 6,000 8,000 18,000 $26,000 7,000 8,000 21,000 $29,000 8,000 8,000 24,000 $32,000 9,000 10,000 29,300 $39,300 10,000 10,000 35,000 $45,000 11,000 10,000 44,000 $54,000 5 mg e Enterprises Solutions Instructions (b) Determine the relevant range of activity for this product. (c) Calculate the variable costs per unit within the relevant range. (d) Indicate the fixed cost within the relevant range