1) Variable cost per Unit = $7 per MH |
2) Variable cost for April = 260 MX $7= $1820 |
3) Fixed Cost for June = $2860-(380*7)= $200 |
Working for your refrence
Computation of Variable cost per Unit using High Low Method |
Variable cost per Unit= ( Cost at Highest Volume- Cost at Lowest Volume)/( Highest olume- Lowest Volume) |
=(2930-2020)/(390-260)= $7 |
Using the following data and the High Low method, calculate the following: 1 Variable Cost per...
Using the following data and the High Low method, calculate the fol D Variable Cost per unit for February is $ 3) Total Variable Cost for April is $ 3) Total Fixed Cost for June is $_ Jan Feb Mar Apr May Jun Machine Hours 320 390 290 260 330 380 Total Electric Cost $2,440 $ 2,930 $2,230 $2,020 $ 2,510 $2,860
Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,290 310 February 6,800 360 March 7,331 380 April 7,940 290 May 9,587 340 June 8,290 260 July 10,378 ...
Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,490 380 February 7,000 440 March 7,531 460 April 8,140 350 May 9,787 410 June 8,490 320 July 11,042 ...
Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Data for the past eight months were collected: Month Labor Cost($) Employee Hours January 5,896 260 February 8,623 390 March 9,286 420 April 6,854 310 May 7,960 360 June 6,412 290 July 7,750 440 August 7,517 340 Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant In your calculations, round the...
Using High-Low to Calculate and cont Calculate the Variable Roster, and Construct a cost functie Piazza Vesuvio makes speciaky puzzas. Data for the past 3 months were collected: Month Labor Cost($) Employee Hours Lanuary 9.490 February 7,000 March 7,531 April May 9,787 June 8.490 July 11,820 August 7,500 300 Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant In your calculations, round the variable rate per employee hour to the nearest...
Using High-Low to Calculate Predicted Total Variable Cost and Total cost for a Time Period that differs from the Data Period Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $6,900 380 February 9,799 March 8,040 April 9,687 May 8,390 June July 7,431 9,390 7,350 590 August 330 Assume that this information was used to construct the following formula for monthly to cost Total Labor Cost - $6,637 +(12.16 X...
#1
#2
#3
Please show work
Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 290 9,490 7,000 February 330 March 7,531 April 8,140 May 9,787 310 240 June 8,490 July 10,776 400 August 7,500 220 Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant. In...
Using High-Low to Calculate Fixed Cost Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,490 510 February 7,000 590 March 7,531 620 April 8,140 470 May 9,787 550 June 8,490 430 July 12,708 700 August 7,500 390 Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant. In your calculations, round the...
In applying the high low method, what is the unit variable cost? month miles total cost jan 76k 182k feb 60k 140k march 68k 168k april 90k 200k
Using the high-low method, compute the variable marketing cost
per spike set. (Round unit cost to 2 decimal places, e.g.
52.75.)
Variable marketing cost
=__________
January February March April May June Sales Volume Total Marketing Costs 550,912 $82,796 390,836 $76,187 561,256 $83,004 543,000 $82,456 546,536 $82,484 552,672 $82,876