Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 88,400 to 142,800...

Free

90.2K

Verified Solution

Question

Accounting

Vogel Inc. manufactures memory chips for electronic toys withina relevant range of 88,400 to 142,800 memory chips per year. Withinthis range, the following partially completed manufacturing costschedule has been prepared:

Complete the cost schedule below. When computing the cost perunit, round to two decimal places. Round all other values to thenearest dollar.

Memory chips produced88,400109,200142,800
Total costs:
Total variable costs$33,592d. $j. $
Total fixed costs37,128e.k.  
Total costs$70,720f. $l. $
Cost per unit
Variable cost per unita. $g. $m. $
Fixed cost per unitb.   h.   n.   
Total cost per unitc. $i. $o. $

Answer & Explanation Solved by verified expert
4.1 Ratings (599 Votes)

Memory chips produced 88,400 1,09,200 1,42,800
Total costs:
A Total variable costs 33,592 41,496 54,264
B Total fixed costs 37,128 37,128 37,128
Total costs(A+B) 70,720 78,624 91,392
Cost per unit
A Variable cost per unit 0.38 0.38 0.38
B Fixed cost per unit 0.42 0.340 0.26
Total cost per unit(A+B) 0.80 0.72 0.64
a Total variable costs 33,592 A
Activity Level 88,400 B
Per Unit Variable Cost 0.380 A/B
b Total fixed costs 37,128 A
Activity Level 88,400 B
Per Unit Fixed Cost 0.42 A/B
d Per Unit Variable Cost 0.38 A
Activity Level 1,09,200 B
Variable Cost 41496 A*B
e & k Fixed Cost is equal irrelevant of Activity Level
j Per Unit Variable Cost 0.38 A
Activity Level 1,42,800 B
Variable Cost 54264 A*B
h Total fixed costs 37128 A
Activity Level 1,09,200 B
Per Unit Fixed Cost 0.340 A/B
n Total fixed costs 37128
Activity Level 1,42,800
Per Unit Fixed Cost 0.26

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!
Become a Member

Other questions asked by students