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Relevant range and fixed and variable costs Child Play Inc. manufactures electronic toys within a...

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Accounting

Relevant range and fixed and variable costs

Child Play Inc. manufactures electronic toys within a relevant range of 88,400 to 142,800 toys 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.

Line Item Description Amount Amount Amount
Toys produced 88,400 109,200 142,800
Total costs:
Total variable costs $33,592 d. $fill in the blank 1 j. $fill in the blank 2
Total fixed costs 37,128 e. fill in the blank 3 k. fill in the blank 4
Total costs $70,720 f. $fill in the blank 5 l. $fill in the blank 6
Line Item Description Amount Amount Amount
Variable cost per unit a. $fill in the blank 7 g. $fill in the blank 8 m. $fill in the blank 9
Fixed cost per unit b. fill in the blank 10 h. fill in the blank 11 n. fill in the blank 12
Total cost per unit c. $fill in the blank 13 i. $fill in the blank 14 o. $fill in the blank 15

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