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Calculate the expected production costs

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Reference no: EM132431941

Question - Bonita Company manufactures a single product. Annual production costs incurred in the manufacturing process are shown below for two levels of production:

Production

Costs Incurred

5,000 Units

10,000 Units

Direct materials

$8,000

$16,000

Direct labour

9,500

19,000

Utilities

2,000

3,300

Rent

4,000

4,000

Maintenance

800

1,400

Supervisory salaries

1,000

1,000

Total cost

$25,300

$44,700

Instructions -

(a) Define these terms: variable costs, fixed costs, and mixed costs.

(b) Classify each production cost listed as variable, fixed, or mixed.

(c) Calculate the expected production costs if 9,000 units are produced.

Reference no: EM132431941

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