line: Moodle Gettng Stated Saved Help Save & Exit Sub Check my worl Exercise 11-

Question

line: Moodle Gettng Stated Saved Help Save & Exit Sub Check my worl Exercise 11-5 Fixed versus variable cost behavior LO 11-1 Finch Company's cost and production data for two recent months included the following 51:51 Production (units) Rent Utilitics March April 1,000 $2,400$2,400 $ 900$1,286 700 ok int Required rences a. Separately calculate the rental cost per unit and the utilities cost per unit for both March and April b. Identify which cost is variable and which is fixed. Complete this question by entering your answers in the tabs belc Prev of 4 BEE Next 21065 SEP 5 9

Explanation / Answer

Calculate following :

So Rent cost is fixed cost and utility cost is variable cost

march April Rent cost per unit 2400/700 = 3.43 2400/1000 = 2.40 Utility cost per unit 900/700 = 1.29 1286/1000 = 1.29

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