Relevant Range and Fixedand Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 76,800 to 128,000 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared:
Components produced 76,800 96,000 128,000
Total costs:
Total variable costs . . . . . . . . .$27,648
Total fixed costs . . . . . . . . . . . .30,720
Total costs . . . . . . . . . . . . . . . . .$58,368
(Cost per unit: Variable cost per unit . . . . . . .
(Fixed cost per unit . . . . . . . . . .
Total cost per unit . . . . . . . . . .
Complete the cost schedule below.
When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar.

Results are below.

Explanation:

Giving the following information:

Components produced 76,800 96,000 128,000

Total costs:

Total variable costs . . . . . . . . .$27,648

Total fixed costs . . . . . . . . . . . .30,720

Total costs . . . . . . . . . . . . . . . . .$58,368

To calculate the unitary variable costs and unitary fixed costs, we need to use the following formulas:

unitary variable cost= total variable cost/number of units

unitary fixed cost= total fixed cost/number of units

For 76,800:

unitary variable cost= 27,648/76,800= $0.36

unitary fixed cost= 30,720/76,800= $0.4

Total unitary cost= 58,368/76,800= $0.76

For 96,000:

unitary variable cost= 27,648/96,000= $0.29

unitary fixed cost= 30,720/96,000= $0.32

Total unitary cost= 58,368/96,000= $0.61

For 128,000:

unitary variable cost= 27,648/128,000= $0.22

unitary fixed cost= 30,720/128,000= $0.24

Total unitary cost= 58,368/128,000= $0.46

the answer to this question would be shared investment

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know