Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 12.00

company's total

A partially completed schedule of the company's total and per unit costs over the relevant range of 65,000 to 105,000 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) :

 

  Units Produced and Sold
  65,000 85,000 105,000
Total costs:      
Variable costs $162,500 $ $
Fixed costs

490,000

    
Total costs $652,500 $ $
Cost per unit:      
Variable cost $ $ $
Fixed cost      
Total cost per unit

$

$

$

Assume that the company produces and sells 95,000 units during the year at a selling price of $8.7 per unit. Prepare a contribution format income statement for the year. (Input all amounts as positive values. Omit the "$" sign in your response.)

 

Income Statement
For the Year Ended
(Click to select) Sales Contribution margin Fixed expense Variable expenses Cost of goods sold $
(Click to select) Fixed expense Variable expenses Sales Cost of goods sold Contribution margin  
(Click to select) Variable expenses Sales Cost of goods sold Contribution margin Fixed expense  
(Click to select) Contribution margin Variable expenses Cost of goods sold Sales Fixed expense  
(Click to select) Net operating loss Net operating income

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 04:08 PM My Price 12.00

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