Munoz Company’s cost and production data for two recent months
included the following:
-
Separately calculate the rental cost per unit and the utilities cost per unit for both March and April.
-
Identify which cost is variable and which is fixed.
Homework Answers
Answer :
| March | April | |
| Porduction (Units) | 900 | 1100 |
| Rent Cost | $2,400.00 | $2,400.00 |
| Utility Cost | $500.00 | $611.00 |
| Rent Cost / Unit | $2.67 | $2.18 |
| Utility Cost / Unit | $0.56 | $0.56 |
| Rent is Fixed Cost irrespective of production units the cost will remain the same. | ||
| The utility is Variable Cost. The cost will vary with the change in production. |
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