Homework Answers
Solution:
Variable cost per unit shipped using high low method = (Cost at high level - cost at low level) / (High level activity - Low level activity)
= ($2,700 - $1,200) / (8-2) = $250 per unit
Fixed costs = $2,700 - ($250*8) = $700
Estimated cost of 9 units shipped in August = $700 + (9*$250) = $2,950
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4. High-Low Method: Using the information below and the high-low method, estimate the fixed cost and...
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis (LO6-10] (The following information applies to the questions...
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis (LO6-10] (The following information applies to the questions displayed below.] Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Month January February March April May June July Units Shipped 4 7 5 6 8 9 1 Total Shipping Expense $ 1,800 $ 2,300 $ 1,700 $ 2,000 $ 2,300 $ 3,400 $ 1,200 2. Using...
what is variable expense?? fixed shipping expense is correct *note* variable expense is not $25 or...
what is variable expense??
fixed shipping expense is correct
*note* variable expense is not $25 or $250
pter 6 Graded Homework i Required information [The following information applies to the questions displayed below.] commercial Archer Company is a wholesaler of custom-built air-conditioning units for monthly data relating to units shipped and total shipping expense: buildings. It gathered the following Units Shipped Month January February March April May June July Total Shipping Expense $ 1,800 $ 2.300 $1,700 $ 2, eee...
what is the variable shipping expense? its not 250 or 2.50 Required information The following information...
what is the variable shipping expense? its not 250 or
2.50
Required information The following information applies to the questions displayed below.] art 1 of 2 Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Units Shipped eBook Month January February March April Total Shipping Expense $ 1.800 $ 2,300 $1,700 $ 2,000 $ 2,300 $ 2,700 $ 1,200 Print References June July...
Required: 1-a. Prepare a scattergraph using the data given above. Plot cost on the vertical axis...
Required:
1-a. Prepare a scattergraph using the data given above. Plot
cost on the vertical axis and activity on the horizontal axis.
Instructions:
1. On the graph below, use the point tool (January) to
plot units shipped on the horizontal axis and the shipping expense
on the vertical axis.
2. Repeat the same process for the plotter tools
(February to July).
3. To enter exact coordinates, click on the point and
enter the values of x and y.
4. To...
requirea iniormaion Exercise 6A-4 High-Low Method: Scattergraph Analysis [L06-10] The following information applies to the questions...
requirea iniormaion Exercise 6A-4 High-Low Method: Scattergraph Analysis [L06-10] The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: of 3 Units, Total Shipping MonthShippedExpense s 2,408 $ 2,900 $ 2,300 $ 2,600 s 2,900 $ 3,900 s 1,800 January February Manch April May June uly Exercise 6A-4 Part 2 2. Using the high-low method,...
1. Complete the Assume that the company produce $76 per unit. Prepare a contribution format income...
1. Complete the Assume that the company produce $76 per unit. Prepare a contribution format income have been assembled by Archer bits for commercial buildings: ethod; Scattergraph Analysis [LO2, L03] EXERCISE 3-7 High-Low Method; Scattergraph Ana The following data relating to un Company, a wholesaler of large, custo Units Shipped Total Shipping Expense Month January February.. March. April ..... NOVOW $1,800 $2,300 $1,700 $2,000 $2,300 $2,700 May. June.... July. $1,200 Required: 1. Using the high-low method, estimate a cost formula...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the form Y = a +bX. If a truck were driven 80,000 kilometers during a year, what total oper expect to be incurred? a year, what total operating cost would you EXERCISE 5A-4 High-Low Method; Scattergraph Analysis L05-10 Archer Company is a wholesaler of custom-built air-conditioning unit It gathered the following monthly data relating to units shipped and total shipping m-built air-conditioning units for commercial...
4. What factors, other than the number of units shipped, are likely to affect the company’s...
4. What factors, other than the number of units shipped, are
likely to affect the company’s shipping expense? (You may
select more than one answer. Single click the box with the question
mark to produce a check mark for a correct answer and double click
the box with the question mark to empty the box for a wrong answer.
Any boxes left with a question mark will be automatically graded as
incorrect.)
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis...
Exercise #3: High / Low Method Using the information below, (a) calculate the variable and fixed-cost...
Exercise #3: High / Low Method Using the information below, (a) calculate the variable and fixed-cost elements using the high-low method, and (b) estimate the total cost if Wu Company produces 8,000 units. March April May June July Units Produced 9,800 8,500 7,000 7,600 8,100 Total Cost $14,740 13,250 11,100 12,000 12,460
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis [LO6-10] The following information applies to the questions...
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis [LO6-10] The following information applies to the questions displayed below] Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: ShippedExpense s 2,400 s 2,900 s 2,300 s 2,600 $ 2,900 $ 3,900 s 1,800 Month anuary Shipped otal Shippin February March April May une uly Exercise 6A-4 Part 4 4. What factors, other than the...
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis (LO6-10] (The following information applies to the questions displayed below.] Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Month January February March April May June July Units Shipped 4 7 5 6 8 9 1 Total Shipping Expense $ 1,800 $ 2,300 $ 1,700 $ 2,000 $ 2,300 $ 3,400 $ 1,200 2. Using...
what is variable expense??
fixed shipping expense is correct
*note* variable expense is not $25 or $250
pter 6 Graded Homework i Required information [The following information applies to the questions displayed below.] commercial Archer Company is a wholesaler of custom-built air-conditioning units for monthly data relating to units shipped and total shipping expense: buildings. It gathered the following Units Shipped Month January February March April May June July Total Shipping Expense $ 1,800 $ 2.300 $1,700 $ 2, eee...
what is the variable shipping expense? its not 250 or
2.50
Required information The following information applies to the questions displayed below.] art 1 of 2 Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Units Shipped eBook Month January February March April Total Shipping Expense $ 1.800 $ 2,300 $1,700 $ 2,000 $ 2,300 $ 2,700 $ 1,200 Print References June July...
Required:
1-a. Prepare a scattergraph using the data given above. Plot
cost on the vertical axis and activity on the horizontal axis.
Instructions:
1. On the graph below, use the point tool (January) to
plot units shipped on the horizontal axis and the shipping expense
on the vertical axis.
2. Repeat the same process for the plotter tools
(February to July).
3. To enter exact coordinates, click on the point and
enter the values of x and y.
4. To...
requirea iniormaion Exercise 6A-4 High-Low Method: Scattergraph Analysis [L06-10] The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: of 3 Units, Total Shipping MonthShippedExpense s 2,408 $ 2,900 $ 2,300 $ 2,600 s 2,900 $ 3,900 s 1,800 January February Manch April May June uly Exercise 6A-4 Part 2 2. Using the high-low method,...
1. Complete the Assume that the company produce $76 per unit. Prepare a contribution format income have been assembled by Archer bits for commercial buildings: ethod; Scattergraph Analysis [LO2, L03] EXERCISE 3-7 High-Low Method; Scattergraph Ana The following data relating to un Company, a wholesaler of large, custo Units Shipped Total Shipping Expense Month January February.. March. April ..... NOVOW $1,800 $2,300 $1,700 $2,000 $2,300 $2,700 May. June.... July. $1,200 Required: 1. Using the high-low method, estimate a cost formula...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the form Y = a +bX. If a truck were driven 80,000 kilometers during a year, what total oper expect to be incurred? a year, what total operating cost would you EXERCISE 5A-4 High-Low Method; Scattergraph Analysis L05-10 Archer Company is a wholesaler of custom-built air-conditioning unit It gathered the following monthly data relating to units shipped and total shipping m-built air-conditioning units for commercial...
4. What factors, other than the number of units shipped, are
likely to affect the company’s shipping expense? (You may
select more than one answer. Single click the box with the question
mark to produce a check mark for a correct answer and double click
the box with the question mark to empty the box for a wrong answer.
Any boxes left with a question mark will be automatically graded as
incorrect.)
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis...
Exercise #3: High / Low Method Using the information below, (a) calculate the variable and fixed-cost elements using the high-low method, and (b) estimate the total cost if Wu Company produces 8,000 units. March April May June July Units Produced 9,800 8,500 7,000 7,600 8,100 Total Cost $14,740 13,250 11,100 12,000 12,460
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis [LO6-10] The following information applies to the questions displayed below] Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: ShippedExpense s 2,400 s 2,900 s 2,300 s 2,600 $ 2,900 $ 3,900 s 1,800 Month anuary Shipped otal Shippin February March April May une uly Exercise 6A-4 Part 4 4. What factors, other than the...
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