Homework Answers
| a | Cost graph four |
| b | Cost graph two |
| c | Cost graph three |
| d | Cost graph one |
| e | Cost graph one |
* Per unit depreciation reduces with each unit produced, hence is a L shaped curve.
Per unit variable cost remains same throughout and is a straight line.
Electricity cost is a mixed costs and starts above origin.
Total direct costs increase with the increase in production.
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Identify Cost Graphs The following cost graphs illustrate various types of cost behavior: Cost Graph One...
Identify Cost Graphs The following cost graphs illustrate various types of cost behv Cost Graph w Cost Graph One 0...
Identify Cost Graphs The following cost graphs illustrate various types of cost behv Cost Graph w Cost Graph One 0 Total Units Produced Total Units Produced Cost Graph Three Cost Graph Four 0 Total Units Produced 0 Total Units Produced For each of the following costs, identify the cost graph that best illustrates its cost behavior as the number of units produced increases: a. Total direct materials cost b. Electricity costs of $1,000 per month plus $0.10 per kilowatt-hour c....
Matching Cost Behavior Descriptions to Cost Behavior Graphs Select the graph (A through L) that best...
Matching Cost Behavior Descriptions to Cost Behavior Graphs Select the graph (A through L) that best matches the numbered (1 through 7) italicized descriptions of various cost behavior. For each graph, the vertical (y) axis represents total dollars of cost, and the horizontal (x) axis represents output units during the period. The graphs may be used more than once. Required: 1. The cost of depreciation. The asset being depreciated is a large piece of production machinery equipment where the straight-line...
eBook Calculator Print Item Matching Cost Behavior Descriptions to Cost Behavior Graphs Select the graph (A...
eBook Calculator Print Item Matching Cost Behavior Descriptions to Cost Behavior Graphs Select the graph (A through K) that best matches the numbered (1 through 6) descriptions of various cost behavior. For each graph, the vertical (y) axis represents total dollars of cost, and the horizontal (x) axis represents output units during the period. The graphs may be used more than once. PU Previous Check My Work Save and Exit Submit Assignment for Grading 557 PM 2/1/2020 eBook Calculator E...
PROBLEM 3-13 Identifying Cost Behavior Pattern A number of graphs displaying cost behavior patterns are shown...
PROBLEM 3-13 Identifying Cost Behavior Pattern A number of graphs displaying cost behavior patterns are shown below. The vertical axis on each graph represents total cost, and the horizontal axis represents level of activity (volume). Required: 1. For each of the following situations, identify the graph below that illustrates the cost behavior pattern involved. Any graph may be used more than once. Cost of raw materials used. Electricity billa flat fixed charge, plus a variable cost after a certain number...
Match each of the following graphs to the correct cost behavior. Total Cost ($) Total Cost...
Match each of the following graphs to the correct cost behavior. Total Cost ($) Total Cost ($) Cost/Unit Activity Activity Activity Total Cost ($) Cost/Unit Activity Activity Graph a Graph b Graphc Graph d Graphe Cost Behavior Total fixed cost Total variable cost Variable cost per unit Total variable cost Fixed cost per unit
%E3-20A (book/static) * Question Help The following are 12 cost behaviour graphs. The total cost shown...
%E3-20A (book/static) * Question Help The following are 12 cost behaviour graphs. The total cost shown on the y-axis and the volume (activity) is shown on the x-axis. (Click the icon to view the graphs.) For each of the following situations, identify the graph that most closely represents the cost behaviour pattern of the cost in that situation. Some graphs may be used more than once or not at all. a. Straight-line depreciation of equipment (based on years of life)...
Cost driver options are number of batches, number of bills, number of boxes, units produced, and...
Cost driver options are number of batches, number of bills,
number of boxes, units produced, and maintenance hours
m/ilm/takeAssignment/takeAssignmentMain.do?invoker ssignments&takeAssign mentes onlocat rassignment take progressefalse ☆ → eBook Print Itenm Resource Usage Model and Cost Behavior ng activities and their associated resources, identify the following: (1) a cost driver, (2) flexible resources, and (3) committed resources. Also, label each resource as one of the following with respect to the cost driver: (a) variable and (b) fixed. Activity Maintenance Inspection Packing...
Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The...
Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 7,000 shelves $84,000 $9,550 $120,000 14,000 shelves 168,000 17,600 120,000 28.000 shelves 336,000 33,700 120,000 35,000 shelves 420,000 41,750 120,000 1. Determine whether the costs...
Cost of Production Report The debits to Work in Process -Roasting Department for Morning Brew Coffee...
Cost of Production Report The debits to Work in Process -Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1. 900 pounds, 30% completed $3,735 Direct materials (900 X $3.7) $3,330 Conversion (900 X 30% X $1.5) $405 $3,735 Coffee beans added during August, 28,000 pounds 102,200 Conversion costs during August 44,240 Work in process, August 31, 1,400 pounds, 30% completed Goods finished during August, 27,500 pounds All...
Identify Cost Graphs The following cost graphs illustrate various types of cost behv Cost Graph w Cost Graph One 0 Total Units Produced Total Units Produced Cost Graph Three Cost Graph Four 0 Total Units Produced 0 Total Units Produced For each of the following costs, identify the cost graph that best illustrates its cost behavior as the number of units produced increases: a. Total direct materials cost b. Electricity costs of $1,000 per month plus $0.10 per kilowatt-hour c....
eBook Calculator Print Item Matching Cost Behavior Descriptions to Cost Behavior Graphs Select the graph (A through K) that best matches the numbered (1 through 6) descriptions of various cost behavior. For each graph, the vertical (y) axis represents total dollars of cost, and the horizontal (x) axis represents output units during the period. The graphs may be used more than once. PU Previous Check My Work Save and Exit Submit Assignment for Grading 557 PM 2/1/2020 eBook Calculator E...
PROBLEM 3-13 Identifying Cost Behavior Pattern A number of graphs displaying cost behavior patterns are shown below. The vertical axis on each graph represents total cost, and the horizontal axis represents level of activity (volume). Required: 1. For each of the following situations, identify the graph below that illustrates the cost behavior pattern involved. Any graph may be used more than once. Cost of raw materials used. Electricity billa flat fixed charge, plus a variable cost after a certain number...
Match each of the following graphs to the correct cost behavior. Total Cost ($) Total Cost ($) Cost/Unit Activity Activity Activity Total Cost ($) Cost/Unit Activity Activity Graph a Graph b Graphc Graph d Graphe Cost Behavior Total fixed cost Total variable cost Variable cost per unit Total variable cost Fixed cost per unit
%E3-20A (book/static) * Question Help The following are 12 cost behaviour graphs. The total cost shown on the y-axis and the volume (activity) is shown on the x-axis. (Click the icon to view the graphs.) For each of the following situations, identify the graph that most closely represents the cost behaviour pattern of the cost in that situation. Some graphs may be used more than once or not at all. a. Straight-line depreciation of equipment (based on years of life)...
Cost driver options are number of batches, number of bills,
number of boxes, units produced, and maintenance hours
m/ilm/takeAssignment/takeAssignmentMain.do?invoker ssignments&takeAssign mentes onlocat rassignment take progressefalse ☆ → eBook Print Itenm Resource Usage Model and Cost Behavior ng activities and their associated resources, identify the following: (1) a cost driver, (2) flexible resources, and (3) committed resources. Also, label each resource as one of the following with respect to the cost driver: (a) variable and (b) fixed. Activity Maintenance Inspection Packing...
Mastery Problem: Cost-Volume-Profit Analysis Cost Behavior Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow. Total Total Total Machine Units Lumber Utilities Depreciation Produced Cost Cost Cost 7,000 shelves $84,000 $9,550 $120,000 14,000 shelves 168,000 17,600 120,000 28.000 shelves 336,000 33,700 120,000 35,000 shelves 420,000 41,750 120,000 1. Determine whether the costs...
Cost of Production Report The debits to Work in Process -Roasting Department for Morning Brew Coffee Company for August, together with information concerning production, are as follows: Work in process, August 1. 900 pounds, 30% completed $3,735 Direct materials (900 X $3.7) $3,330 Conversion (900 X 30% X $1.5) $405 $3,735 Coffee beans added during August, 28,000 pounds 102,200 Conversion costs during August 44,240 Work in process, August 31, 1,400 pounds, 30% completed Goods finished during August, 27,500 pounds All...
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