Homework Answers
Variable cost = (Cost at highest activity - Cost at lowest activity) /(Highest activity-Lowest activity)
= (86,100-38950)/(40000-17000)
= 2.05
Fixed cost = Total cost - Total Variable cost
= 86100 - (40000*2.05)
= 4100
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Bridgeport 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....
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...
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
Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Blossom Corp. has collected the following data concerning its
maintenance costs for the past 6 months.
Units Produced
Total Cost
July
18,020
$41,545
August
32,032
48,048
September
36,036
55,055
October
22,022
42,358
November
40,040
74,575
December
38,038
62,062
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
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
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...
Brief Exercise 18-5 Markowis Corp. has collected the following data concerning its maintenance costs for the...
Brief Exercise 18-5 Markowis 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 20,178 35,872 40,356 24,662 44,840 42,598 $40,356 53,808 61,655 42,598 83,514 69,502 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 Compute the fixed cost elements using the high-low method. Fixed costs Click if you...
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
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.
Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level....
Bruno Company accumulates the following data concerning a mixed
cost, using miles as the activity level.
Miles
Driven
Total
Cost
Miles
Driven
Total
Cost
January
7,995
$14,200
March
8,510
$15,010
February
7,510
13,510
April
8,195
14,495
Compute the variable cost per mile using the high-low method.
(Round variable cost per mile to 2 decimal places e.g.
1.25.)
Variable cost per mile
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
--/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...
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...
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
Blossom Corp. has collected the following data concerning its
maintenance costs for the past 6 months.
Units Produced
Total Cost
July
18,020
$41,545
August
32,032
48,048
September
36,036
55,055
October
22,022
42,358
November
40,040
74,575
December
38,038
62,062
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
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
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...
Brief Exercise 18-5 Markowis 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 20,178 35,872 40,356 24,662 44,840 42,598 $40,356 53,808 61,655 42,598 83,514 69,502 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 Compute the fixed cost elements using the high-low method. Fixed costs Click if you...
Bruno Company accumulates the following data concerning a mixed
cost, using miles as the activity level.
Miles
Driven
Total
Cost
Miles
Driven
Total
Cost
January
7,995
$14,200
March
8,510
$15,010
February
7,510
13,510
April
8,195
14,495
Compute the variable cost per mile using the high-low method.
(Round variable cost per mile to 2 decimal places e.g.
1.25.)
Variable cost per mile
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
--/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...
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