Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months....
|
 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
Homework Answers
High - Low Method.
Calculating Variable cost per unit
Variable cost per unit = ( Cost at high volume - Cost at low volume ) / ( high volume - Low volume )
Variable cost per unit = ( $ 74,575 - $ 41,545 ) / ( 40,040 - 18,020 ).
Variable cost per unit = $ 1.5.
===========================================================================================
High - Low Method.
Calculating Fixed cost .
At high volume,
Total cost = Fixed cost + Variable cost
>> $ 74.575 = Fixed cost + ( 40,040 * $ 1.5 )
>> Fixed cost = $ 14,515.
============================================================================================
Add Answer to:
Blossom Corp. has collected the following data concerning its
maintenance costs for the past 6 months....
Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 18,920 33,632 37.836 23,122 42,040 39,938 $40,151 50,448 57,805 41 356 78,299 65.162 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places.... 2.25.) Variable cost per unit Compute the fixed cost elements using the high-low method. Fixed costs Click if you would like to Show Work for...
Bridgeport Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Bridgeport Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 17,000 $38,950 August 34,000 61,300 September 38,000 69,500 October 22,000 44,200 November 40,000 86,100 December 38,000 82,000 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit $ e Textbook and Media Compute the fixed cost elements using the high-low method. Fixed costs $
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Total Cost Produced 21,546 $43,092 July August 38,304 57,456 September 43,092 65,835 October 26,334 45,486 November 47,880 89,176 45,486 December 74,214 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October Units Produced 21,546 38,304 43,092 26,334 47,880 45,486 $43,092 57,456 65,835 45,486 89,176 74,214 November December Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per units LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Monty Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Monty Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,000 $31,900 August 32,000 40,400 September 36,000 October 20,000 46,400 29,900 73,900 70,900 November 46,000 December 44,000 Your answer is incorrect. Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places eg. 1.25.) Variable cost per unit $ e Textbook and Media X Your answer is incorrect. X Your answer...
July August September October November December Units Produced 18.020 32.032 36,036 22.022 40,040 38,038 Total Cos...
July August September October November December Units Produced 18.020 32.032 36,036 22.022 40,040 38,038 Total Cost $41,545 48,048 55,055 42,358 74,575 62,062 Compute the variable and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation Intercept $ Slope 1.2492 The cost equation is: $ 1.2492 per unit produced - Total cost
July August September October November December Units Produced 18,020 32,032 36,036 22,022 40,040 38,038 Total Cost...
July August September October November December Units Produced 18,020 32,032 36,036 22,022 40,040 38,038 Total Cost $41.545 48,048 55,055 42,358 74.575 62,062 Compute the variable-and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation Intercepts Slope 5 The cost equation is: $ per unit produced = Total cost
Westerville Corp. has collected the following data concerning its maintenance costs for the past six months:...
Westerville Corp. has collected the following data concerning its maintenance costs for the past six months: Units Produced Total Cost July 17,300 $31,620 August 32,900 48,000 September 36,100 55,100 October 22,400 39,000 November 40,300 65,200 December 38,200 62,300 (a1) Calculate the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places, e.g. 12.25.) Variable cost $ per unit
--/1 Question 2 View Policies Current Attempt in Progress Blossom Corp. has collected the following data...
--/1 Question 2 View Policies Current Attempt in Progress Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,070 $41,663 August 32,128 48,192 September 36,144 55,220 October 22,088 44,580 November 40,160 74,798 December 38,152 62.248 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per unit $ e Textbook and Media Compute the fixed cost elements using...
Carla Vista Corp. has collected the following data concerning its maintenance costs for the past 6...
Carla Vista Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 20,180 $44,058 August 35,872 53,808 September 40,356 61,655 October 24,662 46,334 November 44,840 83,514 December 42,598 69,502 Compute the fixed cost elements using the high-low method.
Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 18,920 33,632 37.836 23,122 42,040 39,938 $40,151 50,448 57,805 41 356 78,299 65.162 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places.... 2.25.) Variable cost per unit Compute the fixed cost elements using the high-low method. Fixed costs Click if you would like to Show Work for...
Bridgeport Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 17,000 $38,950 August 34,000 61,300 September 38,000 69,500 October 22,000 44,200 November 40,000 86,100 December 38,000 82,000 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit $ e Textbook and Media Compute the fixed cost elements using the high-low method. Fixed costs $
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Total Cost Produced 21,546 $43,092 July August 38,304 57,456 September 43,092 65,835 October 26,334 45,486 November 47,880 89,176 45,486 December 74,214 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October Units Produced 21,546 38,304 43,092 26,334 47,880 45,486 $43,092 57,456 65,835 45,486 89,176 74,214 November December Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per units LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Monty Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,000 $31,900 August 32,000 40,400 September 36,000 October 20,000 46,400 29,900 73,900 70,900 November 46,000 December 44,000 Your answer is incorrect. Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places eg. 1.25.) Variable cost per unit $ e Textbook and Media X Your answer is incorrect. X Your answer...
July August September October November December Units Produced 18.020 32.032 36,036 22.022 40,040 38,038 Total Cost $41,545 48,048 55,055 42,358 74,575 62,062 Compute the variable and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation Intercept $ Slope 1.2492 The cost equation is: $ 1.2492 per unit produced - Total cost
July August September October November December Units Produced 18,020 32,032 36,036 22,022 40,040 38,038 Total Cost $41.545 48,048 55,055 42,358 74.575 62,062 Compute the variable-and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation Intercepts Slope 5 The cost equation is: $ per unit produced = Total cost
--/1 Question 2 View Policies Current Attempt in Progress Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,070 $41,663 August 32,128 48,192 September 36,144 55,220 October 22,088 44,580 November 40,160 74,798 December 38,152 62.248 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per unit $ e Textbook and Media Compute the fixed cost elements using...
Most questions answered within 3 hours.
-
QUESTION 5
A drug or medicine can reach the brain more effectively by
placing the drug...
asked 11 minutes ago -
Developmental biology
A mouse contains a mutation that results in a failure of their
long
bones...
asked 7 minutes ago -
Alice has the RSA public key (n, e) = (11413, 251) and private
key d =...
asked 8 minutes ago -
Rammazzotti, Inc., is looking for feedback on company
performance. The company compares the budget for the...
asked 13 minutes ago -
A manufacturer of chocolate chips would like to know whether its
bag filling machine works correctly...
asked 21 minutes ago -
Consider the student registration business process at
your college:
1.)Describe the steps necessary for you to...
asked 28 minutes ago -
when released from rest at point A, an unknown ion moves to
point B. At point...
asked 20 minutes ago -
A stock is expected to pay the following dividends: $1.1
four years from now, $1.4 five...
asked 26 minutes ago -
G=yellow and g=green pea seeds. You cross a heterozygous
yellow-seeded plant with a green-seeded plant to...
asked 28 minutes ago -
Current Balance Experiment
a) When there is no current flowing through the electromagnet
coil, is there...
asked 27 minutes ago -
In Visual Basic 2017, Write a complete Main method that prints
Hello, world to the screen....
asked 43 minutes ago -
a) Find the pressure difference on an airplane wing if air flows
over the upper surface...
asked 49 minutes ago