Homework Answers
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Estimate of total costs = 27,030 + (51,000-27,030)/1000*1350+ (31,000-8,370)/1000*1350 + 8370 = 27,030 + 32,360 + 30,551 + 8,370 = 93,319 (rounded) Option F is the answer |
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Driver Product 63.100 TA Product 71.100 51.0 What will the will the allocation to Product A...
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Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Last year, Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $439,926 DO 138,924 $78,315 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there...
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8 pt X Company uses the high-low method to predict monthly overhead costs. The following were January and Ma and activity results: OH Cost Production January $7,720 1,850 March $13.990 4,850 If December production is expected to be 3,250 units, what are expected total fixed overhead costs in Decem costs to two decimal places)? 6. AO $3,017 BO $3,410 CO $3,853 DO 84,354 EO $4,920 FO $5,559 costs in December (round unit
Last year, X Company sold 61,900 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable S412,254 137,418 Fixed Selling and administrative Variable Fixed $77,375 76,756 At the end of the year, a company offered to buy 4,360 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would have been no additional selling and administrative costs, it rejected...
- and 7 refer to the following information Company sold 66,900 units of its only product for $19.00 each Es only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable S460,941 Fixed 131,124 Selling and administrative Variable $71,583 84.063 Fixed At the end of the year, a company offered capacity to produce the additional units, and even year, a company offered to buy 4.730 units of the product but only for $12.00 each. X Company...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable S439,926 Fixed 138,924 Selling and administrative Variable $78,315 Fixed 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would...
8 pt X Company makes two products, A and B, and use cost pools and three cost drivers. Budgeted costs and driver info ucts, A and B, and uses an activity-based costing overhead allocation system, with three cost drivers. Budgeted costs and driver information for 2020 were as follows: Cost Pool 1 Cost Pool 2 Cost Pool 3 Budgeted costs $101,000 51.000 S23,000 Cost Drivers Product A 79,000 62.900 76,700 Product B 69,200 51,100 51,100 What will the allocation to...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 62,500 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $398,125 Fixed 141,250 Selling and administrative Variable $93,125 Fixed At the end of the year, a company offered to buy 4,090 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would have...
Name: 8 pt For 2018, X Company estimated production of 3,000 units of finished product and direct material cost of $20,07 Actual production in 2018 was 2,900 units of finished product, and actual direct material cost was $13,590. What was the direct material static budget for 2018? 1. AO $13,137 BO $13,590 CO $14,059 DO $19,401 EO $20,070 FO $22,077 At the start of 2018, X Company developed the following budgeted total cost function: $10.36X + $221,700, where number of...
Questions 5, 6, and 7 refer to the folle Last year, X Companr sold 66.500 units of its only product for $18.00 each. Total costs were as Sollowy Cost of goods sald Variable Fixed Selling and administrative Variable S418,950 128.345 s94.430 73.150 Fixed At the end of the year, a company offered to bay 4.690 units of the product but only for S12.00 each X Company had the capacity to prodace the additional units, and even though there would hae...
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