1. Classify A,B,C,D,E,F of the following costs as either variable, fixed, or mixed. Cost Incurred Units produced 5000 10000 Production Costs Total Cost Cost/unit Total Cost Cost/unit A $8000 $1.6 $16000 $1.6 B 9500 1.9 19000 1.9 C 2000 0.4 3300 0.33 D 4000 0.8 4000 0.4 E 800 0.16 1400 0.14 F 1000 0.2 1000 0.1

1. Classify A,B,C,D,E,F of the following costs as either variable, fixed, or mixed. Cost Incurred Units produced 5000 10000 Production Costs Total Cost Cost/unit Total Cost Cost/unit A $8000 $1.6 $16000 $1.6 B 9500 1.9 19000 1.9 C 2000 0.4 3300 0.33 D 4000 0.8 4000 0.4 E 800 0.16 1400 0.14 F 1000 0.2 1000 0.1

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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	Cost Incurred
Units produced	5000	10000
Production Costs	Total Cost	Cost/unit	Total Cost	Cost/unit
A	$8000	$1.6	$16000	$1.6
B	9500	1.9	19000	1.9
C	2000	0.4	3300	0.33
D	4000	0.8	4000	0.4
E	800	0.16	1400	0.14
F	1000	0.2	1000	0.1