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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Can you please provide formulas for the answers in this assignment? Thank you:) Requirement 1: A partially completed schedule of the company's total and per unit costs over the relevant range of 53,000 to 93,000 units produced and sold annually is given. Complete the schedule of the company's total and unit costs below (Round the "total costs" to the nearest dollar amount and the "cost per unit" to 2 decimal places. Omit the "$" sign in your response) : 53,000 Total costs: Variable costs Fixed costs Total costs Cost per unit: Variable cost Fixed cost Units Produced and Sold 73,000 93,000 $153,700 450,000 $603,700 $ $ $ $ $ $ $ $ $ $ Total cost per unit Requirement 2: Assume that the company produces and sells 83,000 units during the year at a selling price of $8.8 per unit. Prepare a contribution format income statement for the year. (Input all amounts as positive values. Omit the "$" sign in your response.) Income Statement For the Year Ended $ $
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Requirement 1:Â Â Â Â Â
A partially completed schedule of the company's total and per unit costs over the relevant range of 53,000 to 93,000 units produced and sold annually is given. Complete the schedule of the company's total and unit costs below (Round the "total costs" to the nearest dollar amount and the "cost per unit" to 2 decimal places. Omit the "$" sign in your response) :Â Â Â
Â
   Units Produced and Sold    Â
   53,000   73,000   93,000    Â
Total costs:Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Variable costs   $153,700    $    $     Â
Fixed costs   450,000           Â
Total costs   $603,700    $    $     Â
Cost per unit:Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Variable cost   $    $    $     Â
Fixed cost             Â
Total cost per unit   $    $    $     Â
  Â
Â
Requirement 2:Â Â Â Â Â
Assume that the company produces and sells 83,000 units during the year at a selling price of $8.8 per unit. Prepare a contribution format income statement for the year. (Input all amounts as positive values. Omit the "$" sign in your response.)Â Â Â
Â
Income Statement
For the Year Ended    Â
   $     Â
       Â
       Â
       Â
   $   Â
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