Answered step-by-stepAnne's Cupcakes incurred the following costs in 2020 at two...
Anne's Cupcakes incurred the following costs in 2020 at two different levels of production:
| 140,000 Units | 165,000 units | |
| Rent | $18,000 | $18,000 |
| Labour | $34,000 | $35,500 |
| Utilities | $7,500 | $8,500 |
| Direct MAterials | $90,000 | $85,000 |
| Selling Costs | $14,000 | $15,500 |
| Depreciation | $11,000 | $11,000 |
Calculate total variable, fixed and mixed costs.
Answer & Explanation
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