Question

In: Accounting

MONTH UNITS TOTAL COSTS PRODUCED January 12,500 $430,000 February 17,000 $490,000 March 19,000 $512,000 April 10,000...

MONTH UNITS TOTAL COSTS PRODUCED

January 12,500 $430,000

February 17,000 $490,000

March 19,000 $512,000

April 10,000 $400,000

May 14,000 $434,000

June 9,000 $360,000

July 20,000 $550,000

August 21,000 $525,000

September 24,000 $605,000

October 23,000 $589,000

November 28,000 $702,000

December 18,000 $496,000

1) From this information, what are my approximate fixed costs and what is my estimated variable cost per product produced? (20 POINTS) Fixed Costs = Variable Cost per Unit =

2) If I manufacture 35,000 units this month, what are my projected total costs? (10 POINTS) Total Costs =

3) If my total costs this month can not exceed $600,000, approximately how many units can I produce? (10 POINTS) Units produced =

4) Produce a figure of your choosing that presents Units Produced for each month. (20 POINTS)

Solutions

Expert Solution

Question 1:

Question 2:

Question 3:

Question 4:

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