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Exercise 11-6A (Algo) Fixed versus variable cost behavior LO 11-1, 11-2
1
Thornton Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells
between 3,000 and 9,000 trophies per year. The following cost data apply to various activity levels.
3.33
points
Required
Complete the preceding table by filling in the missing amounts for the levels of activity shown in the first row of the table. (Round your
intermediate calculations and per unit amounts to 2 decimal places.)
X 02:52:13
Number of Trophies
3,000
5,000
7,000
9,000
Skipped
Total costs incurred
Fixed
$
74,000
Variable
42,000
eBook
Total costs
$ 116,000
Cost per unit
Fixed
$
24.67
Print
Variable
14.00
38.67
Total cost per trophy
$
References