accounting assignment 77


1. What is the fixed cost per month?

2. What is the variable cost per pancake?

3. If Devon’s Golden Brown Pancake Restaurant serves 3,900 pancakes in a month, what would the company’s total operating costs be?

Question B

Global Music produces student-grade violins for beginning violin students. The company produced 2,600 violins in its first month of operations.

At month-end, 500 finished violins remained unsold. There was no inventory in work in process. Violins were sold for $122.50 each. Total costs from the month are as follows:

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