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Answer:-
Identifying the above costs as Fixed/Mixed/Variable:
Costs | Fixed/Mixed/Variable |
Direct materials | Variable |
Direct labor | Variable |
Utilities | Mixed |
Property taxes | Fixed |
Indirect labor | Variable |
Supervisory salaries | Fixed |
Maintenance | Mixed |
Depreciation | Fixed |
Calculation of expected costs when production is 5800 units:
(Amount in $) | ||||||
Cost for 3800 units | Cost for 5800 units | |||||
A | B | C=A/3800 | D=C*5800 | E | F | |
Costs | Variable | Fixed | Variable cost per unit | Variable | Fixed | Total cost |
Direct materials | 9500 | 2.50 | 14500 | 14500 | ||
Direct labor | 30400 | 8.00 | 46400 | 46400 | ||
Utilities | 1520 | 300 | 0.40 | 2320 | 300 | 2620 |
Property taxes | 1500 | 0.00 | 0 | 1500 | 1500 | |
Indirect labor | 5700 | 1.50 | 8700 | 8700 | ||
Supervisory salaries | 1900 | 0.00 | 0 | 1900 | 1900 | |
Maintenance | 1140 | 200 | 0.30 | 1740 | 200 | 1940 |
Depreciation | 3500 | 0.00 | 0 | 3500 | 3500 | |
Total Cost | 81060 |
Note:Property taxes,supervisory salaries,Depreciation part of utilities($300) and maintenance($200) costs need to considered as fixed and they will not change with the change in production units.
Direct materials,Direct labor,indirect labor,Part of utilities($1520) and maintenance($1140) costs need to be considered as variable and they will change with the change in production units.
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