As per requirement of question, we have to identify graph image for all numbered sub-parts, for which please go through below table and thereafter detail solution
S.No. | Type of Manufacturing Cost | Graph Image numbered |
---|---|---|
1 | Annual Depreciation | Linear Graph that is (K) |
2 | Electricity Bill | First Fixed Charges then variable so it is (B) |
3 | Water Bill | Slab Rate system applied so it is (G) |
4 | Direct Material | First Cost is increasing (but marginally decreasing) thereafter increasing at fix rate so it is (I) |
1. Annual Depreciation of equipment, where the amount of depreciation charged is directly proportional to machine hours. So when the machine produce more, then more machine hours will be and as a result more depreciation will be charged.
X Axis | Y Axis |
Units Produced | Total Cost |
1000 | 10000 |
2000 | 20000 |
3000 | 30000 |
4000 | 40000 |
5000 | 50000 |
6000 | 60000 |
2. Electricity Bill, in this case flat fixed charge will be there and variable charge after certain number of kilowatt hours used and conceptually during variable costing, quantity of kilowatt hours will vary in direct proportion to units produced.
X Axis | Y Axis |
Units Produced | Total Cost |
500 | 10000 |
1000 | 10000 |
2000 | 15000 |
3000 | 20000 |
4000 | 25000 |
5000 | 30000 |
3. Water Bill- In this case, slab rate system is to be used, say for first 100,000 gallons or less there will be flat fee for Dollar 1,000 and thereafter for every next 10,000 gallons rate increase as per usage.
X Axis | Y Axis | ||
Units Produced | Total Cost | Water Gallons Used | Calculation |
5000 | 1000 | 100000 | Fixed |
10000 | 1000 | 100000 | Fixed |
11000 | 1030 | 110000 | For 1000 units, 10,000 gallons water used, so 10,000*.003=30 additional cost |
12000 | 1090 | 120000 | |
13000 | 1180 | 130000 | |
14000 | 1300 | 140000 |
4.Direct Material Cost - where per unit cost decreases with each pound of material used, with a minimum cost per unit of Dollar 9.20.
X Axis | Y Axis | |
Units Produced | Total Cost | Marginal Cost |
1 | 10 | 10 |
2 | 19.98 | 9.99 |
3 | 29.94 | 9.98 |
4 | 39.88 | 9.97 |
5 | 49.8 | 9.96 |
80 | 736.8 | 9.21 |
81 | 745.2 | 9.2 |
82 | 754.4 | 9.2 |
105 | 966 | 9.2 |
106 | 975.2 | 9.2 |
In this case, First Cost is increasing at marginally decreasing rate thereafter increasing at fix rate so it is (I)
- VUUN static) Select the graph that matches the numbered manufacturing out data indicate by loter...
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