Homework Answers
Variable cost = (Cost at highest activity - Cost at lowest activity)/(Highest activity-Lowest activity)
= (885182-621741)/(45151-21369)
= 11.08 per dlh
Fixed cost = Total cost - Total Variable cost
= 885182 - (11.08*45151)
= 384,909
Total overhead cost for 30,000 dlh
= (30,000*11.08) + 384,909
= 717349 (rounded)
.
Option A
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Please show all steps so I can fully understand how to
solve. thank you
You are given the following data for Skylar Ltd. Direct Labour Hours January 25700 February 32600 March 45090 April 37500 May 40400 June 21052 July 23700 August 39200 September October 24000 November 25200 December Overhead Costs $630800 $700100 $884664 $720500 $910300 $629960 $651000 $759000 $751513 $615200 $620100 $654269 41004 Using the high-low method, estimate the total overhead at a volume of 30,000 direct labour hours: Select...
please show all steps so I can fully understand how to
solve. thank you
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1.
2.
3.
4.
For February, sales revenue is $564,000, sales commissions are 4% of sales, the sales manager's salary is $90,800, advertising expenses are $83,500, shipping expenses total 3% of sale, and miscellaneous selling expenses are $2,600 plus 1/2 of 1% of sales. Total selling expenses for the month of February are Oa. $199,460 Ob. $176,900 Oc. $216,380 Od. $219,200 Production estimates for August for Jay Company are as follows: Estimated inventory (units), August 1 Desired inventory (units), August...
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period. Their fiscal year end is December 31.
During the summer of 2018, Chris Leigh, the ToyWorks controller,
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