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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 25,000 to 100,000 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Memory chips produced 45,000 60,000 75,000
Total costs:
Total variable costs $1,350,000 (D) (J)
Total fixed costs 810,000 (E) (K)
Total costs $2,160,000 (F) (L)
Cost per unit:
Variable cost per unit (A) (G) (M)
Fixed cost per unit (B) (H) (N)
Total cost per unit (C) (I) (O)
Required:
Complete the cost schedule. When computing the cost per unit, round to two decimal places.
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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys...
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