Identify each of these costs as fixed, variable, or mixed.
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Identify each of these costs as fixed, variable, or mixed.
based on how the costs increase...
E 7 December 31, 2018 Debit Credit Cash $ 7,000.00 0 Accounts Receivable $ 5,000.00 1...
E 7 December 31, 2018 Debit Credit Cash $ 7,000.00 0 Accounts Receivable $ 5,000.00 1 Allowance for Doubtful Accounts $ 1,000.00 2 Supplies $ 1,750.00 3 Inventory $ 12,000.00 4 Prepaid Insurance $ 2,000.00 5 Prepaid Rent $ 4,000.00 6 Equipment $ 9,000.00 7 Accumulated Depreciation - Equipment $ 2,500.00 3 Cars $ 21,000.00 9 Accumulated Depreciation - Cars $ 9,000.00 Accounts Payable $ 1,000.00 1 Unearned Service Revenue $ 900.00 2 Common Stock $ 2,500.00 3 Retained Earnings...
At the various activity levels shown, Harper Company incurred the following costs: 20111 100 40 60...
At the various activity levels shown, Harper Company incurred the following costs: 20111 100 40 60 36.00$18.0012.00 $ 9.00 $ 7.20 120.00140.00 160.00 1.00 480.00 480.00 480.00480.00 480.00 a. Rental cost per unit of merchandise sold b. Total phone expense c. Cost per unit of supplies d. Total insurance cost e. Total salary cost f. Total cost of goods sold g. Depreciation cost per unit h. Total rent cost i. Total cost of shopping bags j. Cost per unit of...
Donut Information Based on the below data, create the profit model for Donuts to Go. Assume...
Donut Information Based on the below data, create the profit model for Donuts to Go. Assume that each customer will buy one donut and one cup of coffee Sales estimate range from 200-5000 per week Time period Revenue: Cup of Coffee Revenue: Donut Donut ingredients per donunt) paper products: napkins, plates etc Insurance $4.00 $3.50 $0.60 per donut $5,550.00 month $200.00 Maintenance & Repairs to equipment month Marketing & Promotion: Advertising month Coffee per cup Coffee cups per cup Payroll:...
The spreadsheet below estimates the total cost for each supplier. Analyze each of three supplier options...
The spreadsheet below estimates the total cost for each
supplier. Analyze each of three supplier options and compare their
costs to the cost of the U.S. supplier.
What additional cost elements for each supplier should Beth
consider? Are there other issues besides cost that Beth should
evaluate?
Consider environmental impact of doing business with each of
these suppliers. How does this impact the total cost and your
decision-making?
Which supplier do you recommend?
Looking at your preferred supplier, what suggestions...
-Identify the following costs: x Fixed Cost x Variable Cost x Mixed Cost -Explain the behavior...
-Identify the following costs: x Fixed Cost x Variable Cost x Mixed Cost -Explain the behavior of a fixed cost, in total and per unit, when the activity level changes. -Explain the behavior of a variable cost, in total and per unit, when the activity level changes.
plzz help now Exercise 1-9 Fixed, Variable, and Mixed Costs (LO1-4) Kubin Company's relevant range of...
plzz help now
Exercise 1-9 Fixed, Variable, and Mixed Costs (LO1-4) Kubin Company's relevant range of production is 14,000 to 20,500 units. When it produces and sells 17,250 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 7.50 $ 4.50 $ 2.00 $ 5.50 $ 4.00 $ 3.00 $ 1.50 $ 1.00 Required: 1. If...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $ 9.00 per direct labor-hour $ 5.00 per machine-hour $ 30.00 per setup $ 200.00 per order $ 160.00 per shipment $ 5.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 9.00 per direct labor-hour Machine-related $ 5.00 per machine-hour Machine setups $ 30.00 per setup Production orders $ 200.00 per order Shipments $ 160.00 per shipment General factory $ 5.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct...
Exercise 1-9 Fixed, Variable, and Mixed Costs LO1-4 Refer to the data given in Exercise 1-7....
Exercise 1-9 Fixed, Variable, and Mixed Costs LO1-4
Refer to the data given in Exercise 1-7. Answer all questions
independently (1-8).
Chapter 1 2/04/20 (A EXERCISE 1-6 Traditional and Contribution Format Income Statements LO1-6 Cherokee Inc. is a merchandiser that provided the following information: mount 20,000 $30 $4 $2 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Lav Total fixed administrative expense Beginning merchandise inventory... Ending...
need help Exercise 1-9 Fixed, Variable, and Mixed Costs (L01-4) Kubin Company's relevant range of production...
need help
Exercise 1-9 Fixed, Variable, and Mixed Costs (L01-4) Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 3.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.79 $ 2.20 $ 1.70 Required: 1. If 22.000...
E 7 December 31, 2018 Debit Credit Cash $ 7,000.00 0 Accounts Receivable $ 5,000.00 1 Allowance for Doubtful Accounts $ 1,000.00 2 Supplies $ 1,750.00 3 Inventory $ 12,000.00 4 Prepaid Insurance $ 2,000.00 5 Prepaid Rent $ 4,000.00 6 Equipment $ 9,000.00 7 Accumulated Depreciation - Equipment $ 2,500.00 3 Cars $ 21,000.00 9 Accumulated Depreciation - Cars $ 9,000.00 Accounts Payable $ 1,000.00 1 Unearned Service Revenue $ 900.00 2 Common Stock $ 2,500.00 3 Retained Earnings...
At the various activity levels shown, Harper Company incurred the following costs: 20111 100 40 60 36.00$18.0012.00 $ 9.00 $ 7.20 120.00140.00 160.00 1.00 480.00 480.00 480.00480.00 480.00 a. Rental cost per unit of merchandise sold b. Total phone expense c. Cost per unit of supplies d. Total insurance cost e. Total salary cost f. Total cost of goods sold g. Depreciation cost per unit h. Total rent cost i. Total cost of shopping bags j. Cost per unit of...
Donut Information Based on the below data, create the profit model for Donuts to Go. Assume that each customer will buy one donut and one cup of coffee Sales estimate range from 200-5000 per week Time period Revenue: Cup of Coffee Revenue: Donut Donut ingredients per donunt) paper products: napkins, plates etc Insurance $4.00 $3.50 $0.60 per donut $5,550.00 month $200.00 Maintenance & Repairs to equipment month Marketing & Promotion: Advertising month Coffee per cup Coffee cups per cup Payroll:...
The spreadsheet below estimates the total cost for each
supplier. Analyze each of three supplier options and compare their
costs to the cost of the U.S. supplier.
What additional cost elements for each supplier should Beth
consider? Are there other issues besides cost that Beth should
evaluate?
Consider environmental impact of doing business with each of
these suppliers. How does this impact the total cost and your
decision-making?
Which supplier do you recommend?
Looking at your preferred supplier, what suggestions...
plzz help now
Exercise 1-9 Fixed, Variable, and Mixed Costs (LO1-4) Kubin Company's relevant range of production is 14,000 to 20,500 units. When it produces and sells 17,250 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 7.50 $ 4.50 $ 2.00 $ 5.50 $ 4.00 $ 3.00 $ 1.50 $ 1.00 Required: 1. If...
Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory Activity Rates $ 9.00 per direct labor-hour $ 5.00 per machine-hour $ 30.00 per setup $ 200.00 per order $ 160.00 per shipment $ 5.00 per direct labor-hour Cost and activity data have been supplied for the following products: Direct materials cost per unit...
Exercise 1-9 Fixed, Variable, and Mixed Costs LO1-4
Refer to the data given in Exercise 1-7. Answer all questions
independently (1-8).
Chapter 1 2/04/20 (A EXERCISE 1-6 Traditional and Contribution Format Income Statements LO1-6 Cherokee Inc. is a merchandiser that provided the following information: mount 20,000 $30 $4 $2 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Lav Total fixed administrative expense Beginning merchandise inventory... Ending...
need help
Exercise 1-9 Fixed, Variable, and Mixed Costs (L01-4) Kubin Company's relevant range of production is 22,000 to 27,000 units. When it produces and sells 24,500 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount per Unit $ 3.20 $ 5.20 $ 2.70 $ 6.20 $ 4.70 $ 3.79 $ 2.20 $ 1.70 Required: 1. If 22.000...
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