PricePrice Drycleaners has capacity to clean up to 6 comma 0006,000 garments per month. Requirements...
70.2K
Verified Solution
Link Copied!
Question
Accounting
PricePrice
Drycleaners has capacity to clean up to
6 comma 0006,000
garments per month.
Requirements
| 1. | Complete the schedule below for the three volumes shown. |
| 2. | Why does the average cost per garment change? |
| 3. | Suppose the owner, DavisDavis PricePrice, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of3 comma 0003,000 garments. Wouldhehe overestimate or underestimatehishis total costs? By how much? |
Requirement 1. Complete the following schedule for the three volumes shown. (Round all unit costs to the nearest cent and all total costs to the nearest whole dollar.)
|
| 3,000 | 4,500 | 6,000 |
|
| Garments | Garments | Garments |
| Total variable costs |
| $4,050 |
|
| Total fixed costs |
|
|
|
| Total operating costs |
|
|
|
|
|
|
|
|
| Variable cost per garment |
|
|
|
| Fixed cost per garment |
| $1.80 |
|
| Average cost per garment |
|
|
|
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.