2. Folson Company has fixed costs of $250, ompany has fixed costs of $250.000. Highest production...
JB Company has fixed costs of $300,000. Total costs, both fixed and variable, are $378,000 when 40,000 units are produced. How much is the variable cost per unit? (Please round to the nearest cent.) $2.78 $7.50 $9 45 $1.95
Boyko, Inc. has fixed costs of $400,000. Total costs, both fixed and variable, are $550,000 when 40,000 units are produced. Calculate the total costs if the volume increases to 64,000 units. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A. $150,000 B. $550,000 C. $640,000 D. $950,000
If total costs are $50,000 when production levels are highest at 1,000 units and total costs are $35,000 when production levels are lowest at 500 units, using the high-low method, how much are fixed costs? a. $30 b. $20,000 c. $15,000 d. $85,000
valude A company provided the following data: Sales Variable costs Fixed costs Expected production and sales in units $540,000 378,000 120,000 40,000 units What is the break-even point in sales dollars? O a. $150,000 b. $112,500 c. $498,000 Od. $171,429 e. $400,000
QUESTION 1 At current production volume of 10 units, Gamma Company has total variable costs of $300 and total fixed costs of $280. If production is expected to drop to 8 units in the next period, what is the total cost projected for the next period? A 5520 B. $240 C.5580 D. $464 QUESTION 2 Alpha Company has a selling price of $30, unit variable cost of $10, and sales volume of 300 units. Fixed costs total $1,000. Alpha believes...
A manufacturing company produces expensive toys. Each toy sells for $250 and costs $90. The company incurs a fixed cost of $7500 per day to lease their machines to manufacture the toys. Depending on the volume of production the company must also hire and schedule enough number of employees to carry out the production. The additional labor costs are $550, $1200 and $2650 per day, when the production volume is 0 to 35 units, 0 to 70 units, and 0...
The company has manufacturing costs which consist only of fixed and variable costs (no step costs, no non linear costs). When they produced 206093 units their fixed manufacturing costs were found to be 849,237, while total manufacturing costs per unit were 13. How much would their costs be expected to be for 206,581 units?
Potter Production incurred $60,000 variable costs and $140,000 fixed costs last month and produced 7,500 units. The selling price is $60 per unit. Potter plans to produce 9,000 units this month and has asked you to estimate total cost for the month. What would you estimate to be the total cost? What is the process to solve this?
21 A company has the following costs when producing 100,000 units: Variable costs $480,000 Fixed costs $700,000 A supplier is interested in producing the item. If the item is produced outside, the company could use the released production facilities to make another item that would generate $110,000 of net income. The fixed costs are unavoidable. At which unit price should the company accept the supplier's ofer? $5.70 e $7.00 O $8.90 NEXT > BOOKMARK CLEAR
Static Budget versus Flexible Budget The production supervisor of the Machining Department for Hagerstown Company agreed to the following monthly static budget for the upcoming year: Hagerstown Company Machining Department Monthly Production Budget Wages Utilities $420,000 30,000 50,000 $500,000 Depreciation Total July The actual amount spent and the actual units produced in the first three months in the Machining Department were as follows: Amount Spent Units Produced May $472,000 110,000 June 451,000 100,000 430,000 90,000 The Machining Department supervisor has...