KQuestion 1 (of 22) Varina Trophies makes and sells trophies it distributes to l

Question

KQuestion 1 (of 22) Varina Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 8,000 and 14,000 trophies per year. The following cost data apply to various activity levels: Required a. Complete the following table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round "Cost per unit" answers to 2 decimal places.) 14,000 Number of Trophies Total costs incurred 8,000 10,000 12,000 Fixed Variable Total costs S 56,00o 42,000 $98,000$ 0 Cost per unit $7.00 Fixed Variable Total cost per trophy S 12.25 $0.00 $0.00 0.00 5.25

Explanation / Answer

Fill Missing amount :

Number of trophies 8000 10000 12000 14000 Total cost incurred Fixed 56000 56000 56000 56000 Variable 42000 52500 63000 73500 Total cost 98000 108500 119000 129500 Cost per unit Fixed 7.00 5.60 4.67 4.00 Variable 5.25 5.25 5.25 5.25 Total cost per trophy 12.25 10.85 9.92 9.25

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