Refer to the preceding exercise. The divisional controller at Spectrum Sound’s St. Louis Division has estimated the following cost data for the division’s CD players. (Assume there are no fixed costs.)
Quantity Produced and Sold per Month | Average Cost per Unit |
20 | $5,900 |
40 | 850 |
60 | 820 |
80 | 860 |
100 | 890 |
Required:
1. Prepare a table similar to panel C of Exhibit 15-2 summarizing Spectrum Sound’ s cost relationships.
2. Draw a graph similar to panel A of Exhibit 15-2reflecting the data tabulated in requirement (1).
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