1 | ||
Total factory overhead costs | 17625000 | |
Less: Indirect materials | 7500000 | =5000000/50000*75000 |
Less: Rent | 6000000 | |
Maintenance cost | 4125000 | |
2 | ||
Maintenance cost | Machine hours | |
High | 4125000 | 75000 |
Low | 3250000 | 50000 |
Difference | 875000 | 25000 |
Variable cost | 35 | =875000/25000 |
Fixed cost | 1500000 | =4125000-(75000*35) |
Y = $1500000+ $35X | ||
3 | ||
Indirect materials | 7000000 | =5000000/50000*70000 |
Rent | 6000000 | |
Maintenance cost | 3950000 | =1500000+(70000*35) |
Total factory overhead costs | 16950000 |
thats one question PROBLEM - High-Low Method: Predicting Cost 101, LO Colby Limited is a manufacturing...
PROBLEM 3-17 High-Low Method; Predicting Cost [L01 Q. L02 01 Colby Limited is a manufacturing company whose total factory overhead costs fluctuate somewhat from year to year, according to the number of machine-hours worked in its production facility. These costs at high and low levels of activity over recent years are given below: Level of Activity Low High Machine-hours 50,000 75,000 Total factory overhead costs $14,250,000 $17,625,000 Page 89 The factory overhead costs above consist of indirect materials, rent, and...
Problem 3-17 High-Low Method; Predicting Cost [LO1, LO2] Colby Limited is a manufacturing company whose total factory overhead costs fluctuate somewhat from year to year, according to the number of machine-hours worked in its production facility. These costs at high and low levels of activity over recent years are given below: Level of Activity Machine-hours Total factory overhead costs Low 62,200 $36,159, 600 High 82,200 $40,519, 600 The factory overhead costs above consist of indirect materials, rent, and maintenance. The...
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Colby Limited is a manufacturing company whose total factory overhead costs fluctuate somewhat from year to year, according to the number of machine-hours worked in its production facility. These costs at high and low levels of activity over recent years are given below Level of Activity Low High Machine-hours 50,000 75,000 Total factory overhead costs $14,250,000 $17,625,000 The factory overhead costs above consist of indirect materials, rent, and maintenance. The...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs at high and low levels of activity for recent years are given below: Level of Activity Low High Direct labor-hours 50,000 75,000 Total factory overhead costs $ 14,250,000 $ 17,625,000 The factory overhead costs above consist of indirect materials, rent, and...
Question 5 (of 5) value: 10.00 points Echeveria SA is an Argentinian manufacturing company whose total factory overhead costs fluctuate somewhat from year to year, according to the number of machine-hours worked in its production facility These costs (in Argentinian pesos) at high and low levels of activity over recent years are given below Level of Activity Low 68,200 High 98,200 Total factory overhead costs 390,912 pesos 470,712 pesos The factory overhead costs above consist of indirect materials, rent, and...
QUESTION 1. Galaxy Company whose total factory overhead coats fluctuate somewhat from year to year according to the number of machine hours worked in its production facility. These costs at high and low levels of activity over recent years are given below: Level of activity Low High Machine hours 60,000 80,000 Total Factory Overhead Costs $274,000 $312,000 The factory Overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 60,000 machine-hours level...
QUESTION1. Galaxy Company whose total factory overhead coats fluctuate somewhat from year to year according to the number of machine hours worked in its production facility. These costs at high and low levels of activity over recent years are given below: Level of activity Low 60,000 High 80,000 $312,000 Machine hours Total Factory Overhead Costs $274,000 The factory Overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 60,000 machine-hours level of...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs at high and low levels of activity for recent years are given below: Level of Activity Low High Direct labor-hours 67,500 90,000 Total factory overhead costs $ 314,500 $ 364,000 The factory overhead costs above consist of indirect materials, rent, and...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs at high and low levels of activity for recent years are given below: Level of Activ Low 51,000 High 68,000 Direct labor-hours Total factory overhead costs 267,200 $299,500 The factory overhead costs above consist of indirect materials, rent, and maintenance. The...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs at high and low levels of activity for recent years are given below: Level of Activ Low 51,000 High 68,000 Direct labor-hours Total factory overhead costs 267,200 $299,500 The factory overhead costs above consist of indirect materials, rent, and maintenance. The...