Question

X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,300 unit

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Total variable overhead costs = 60,000-38400 = $21600

Fixed costs do not change while Variable cost changes with change in output

Hence, estimated overheads costs in March = 21600*1300/1000 + 38400

= $66,480

Total administrative costs = 8750*1300/1000 + (35000-8750)

= $37,625

Hence, estimated total costs in March = 66480+37625

= $104,105

Add a comment
Know the answer?
Add Answer to:
X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,400 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs $68,000 Total fixed overhead costs 37,400 Total administrative costs 35,000 Total variable administrative costs 8,750 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,300 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs $59,000 Total fixed overhead costs 33,040 Total administrative costs 34,000 Total variable administrative costs 8,500 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,300 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs Total fixed overhead costs Total administrative costs Total variable administrative costs $56,000 33,600 40,000 12,000 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,500 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs Total fixed overhead costs Total administrative costs Total variable administrative costs $62,000 27,900 35,000 9,800 What is X Company's estimate of total costs in March [round unit costs to two decimal places)?

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,300 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs Total fixed overhead costs Total administrative costs Total variable administrative costs $62,000 35,960 39,000 7,800 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?...

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,500 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs Total fixed overhead costs Total administrative costs Total variable administrative costs $60,000 39,000 39,000 8,190 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?...

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,400 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs $56,000 Total fixed overhead costs 31,920 Total administrative costs 38,000 Total variable administrative costs 10,640 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,350 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs Total fixed overhead costs Total administrative costs Total variable administrative costs $56,000 26,320 38,000 7,980 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?...

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,350 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs $62,000 Total fixed overhead costs 39,680 Total administrative costs 32,000 Total variable administrative costs 7,680 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?

  • X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected...

    X Company wants to estimate total costs (overhead plus administrative) in March, when production is expected to be 1,500 units. It analyzed January costs to determine the parameters of the overhead and administrative cost functions. January production was 1,000 units and costs were as follows: Total overhead costs Total fixed overhead costs Total administrative costs Total variable administrative costs $50,000 26,000 32,000 9,600 What is X Company's estimate of total costs in March [round unit costs to two decimal places]?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT