Business
Business, 16.10.2020 14:01, ozzy1146

Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Units Produced Total Lumber Cost Total Utilities Cost Total Machine Depreciation Cost

15,000 shelves $180,000 $18,250 $135,000
30,000 shelves 360,000 35,500 135,000
60,000 shelves 720,000 70,000 135,000
75,000 shelves 900,000 87,250 135,000

Required:
a. Determine whether the costs in the table are variable, fixed, mixed, or none of these.
b. For each cost, determine the fixed portion of the cost, and the per-unit variable cost.

answer
Answers: 3

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Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the followi...

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