fromme’ Fromme's Frocks has the following machine hours and production costs for the last six months...

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Answer 1

Answer #1

Variable cost = ($12,120 - $9,620) / (15,900 - 11,900) = $0.625 per machine hour

Fixed cost = $12,120 - (15,900 X $0.625) = $2,182.5

Total product cost for 11,000 machine hours = (11,000 X $0.625) + $2,182.5 = $9,057.50

2nd option.

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Answer 2

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