This Question 10 pts 18 of 27 4 complete This Quiz 55 pts po

This Question: 10 pts 18 of 27 (4 complete) This Quiz: 55 pts possible Ch carnef Maibox proaces decorative maoooes Tre companys average cost per ung $2?43 wnen ? pouces 1-700 maibo ves 1. What is the total cost of producing 1,700 maboseS 2. I$22.831 fthe otal costs are fusd wmat is the variable cost ef producing each mabo? . wnte Camer Malbox\'s cost equation 4 It the plant manager uses the average cost per un to predict total cosswhat would the forec ast be for 1,800 malboes? H the plant manager uses the cost equation to predict sotal costs what wouid the torecast be for 1,800 maliboxes? what is the dollar dmerence between your answers to questons 4 and 5? wich approach to forecasting ©osts approprate? why? 6, Requirement 1. what is ne sotal cost of producing 1,700 aixes The total cost of producing 1.700 mailboxes isS Requirement 2 If $22.831 of the total costs are fixed, what is the variable cost of producing each mailboxi? The variable cost per unt is $ Requirement t. we Canrier Maibox\'s cost equation. Requirement 4 If the plant manager uses the average cost per unit o predict total costs, what ould the forecast be for 1,800 malboxes? The sotal cost is s Requirement s. ifane piantanager uses e cost equapion to predc total coss, what woud ne forecast be for 1,800 ma boes? The botal cost is s Requirement . What is the dollar difference between your answers to Questions 4 and 5? Which approach bo forec asäng costs is appropriate? wny? oo high he/she The plant managers forec ast would be to predikt costs is based on a moxed cost that will change as volume changes. it the The method, he/she is erronecushy assuming tha the does not change a dfferent volumes. The o predictcosts since it cormectly takes into account the variable manager sthould use the foed componenns of producing maiboses Requireent &.wnar is the doiar itference between your answers to Quesions & and 5 which approach to forec asting costs is appropriate? why too high if heishe The plant managers forecast would be to preact costs s based on a mixed cost that will change as volume changes. if the manager uses this does not change iiflerent volumes. The average cost per unt to precict costs since R correcty takes into account the variable manag cost equation foced ci total cost Requirement 6. What is the dolar diterence beween your answers to Questions 4 and 5? Which approach to forecasing costs is appropriate? wny? oo high if he/she uses the The plant managers fonecast wouid be S The method, he/she is emoneously assuming that th cost equation manager should use the foxed components of producing malbowes to predict costs anges if the average cost per unt The Requirament 8. what is the doliar diterence between your answers to Questions 4 and 5? Which approach bo forec asting coss is appropriane? why? too high if heishe The plant managers forec ast wouig be s The methoa, ne she is eeroneousy assuming than the o predictcosts is based on a mixed cost that wial change as volume changes it tme manager uses ths oes not change at aterent volumes. The to predict costs since in correcty takes into account the vaniable xed comp average cost per unit Choose fror cost equation to the next question Requirement 6. what is the dolar dmerence between your aswers to Questons 4 and 5? wrich approach to lorecasong costs appropnate? wny? The plant manager\'s forecast would be s The method, hershe is emonedushy assuming that the manager should use the xed components of pnoducing malbowes oo high it he/she uses the to prediet costs is based on a mied cost that wll change as volume changes if the manager uses is does not change at different volumes The average cost per unn cost equation total cos Choose from any list or enter any number in the input fields an

Solution

Solution 1:

Total cost of producing 1700 mail boxes = Nos of mail boxes * average cost per unit

= 1700 * $27.43 = $46,631

Solution 2:

Fixed cost = $22,831

Variable cost of producing 1700 mail box = $46,631 - $22831 = $23,800

Variable cost per mail box = $23,800 / 1700 = $14 per mail box

Solution 3:

Carries mail box cost equaltion = $14 X + $22,831

Where X in number of mail boxes

Solution 4:

If plant manager uses the average cost per unit to predict total cost then forecast for 1800 mail box = 1800 * $27.43 = $49,374

Solution 5:

If plant manager uses cost equation to predict total cost then forecast for 1800 mail box = $22,831 + 14*1800 = $48,031

Note: I have answered more than required parts as per chegg policy, kindly post separate question for answer of remaining parts.