Homework Answers
Solution a:
| Classification of Costs | |
| Direct material | Variable |
| Direct labor | Variable |
| Utilities | Variable |
| Property taxes | Fixed |
| Indirect labor | Variable |
| Supervisory salaries | Fixed |
| Maintenance | Fixed |
| Depreciation | Fixed |
Solution b:
Variable cost per unit = ($7,500 + $18,000 + $2,100 + $4,500)/3000 = $10.70 per unit
Fixed costs = $1,000 + $1,900 + $1,100 + $2,400 = $6,400
Expected costs when production is 5000 units = 5000*$10.70 + $6,400
= $59,900
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