Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
X Company uses the high-low method to estimate total overhead costs each month, with machine hours...
High-Low Analysis and Cost Behavior Broccoli Company's total overhead costs vary considerably, from month to month,...
High-Low Analysis and Cost Behavior Broccoli Company's total overhead costs vary considerably, from month to month, based on direct labor hours. P6A - B Month August September October November December Labor Hours 3,000 3,400 2,000 2,800 3,600 Total Overhead $234,000 249,200 196,000 226,400 256,800 Their overhead costs consist of indirect labor, supervisor's salary and maintenance. A breakdown of these costs, for the month of October (their low month of activity), follows. Indirect labor (V) Supervisor's salary (F) Maintenance (M) Total...
X Company uses the high-low method to predict monthly overhead costs. The following were May and...
X Company uses the high-low method to predict monthly overhead costs. The following were May and September cost and activity results: May September OH Cost $6,709 $11,077 Production 2,300 5,100 If December production is expected to be 4,000 units, what are expected total fixed overhead costs in December (round unit costs to two decimal places]?
3. Jetboats Ltd uses the high-low method to estimate the cost function. Jetboat operates jet boat...
3. Jetboats Ltd uses the high-low method to estimate the cost function. Jetboat operates jet boat rides on Sydney Harbour. The number of hours the engines are run in each month is provided below along with the labour costs for maintaining the jet boats for 2018. 3 3 Month Machine (engine) HoursLabour costs $4,300 $2,510 $3,040 $2,780 $1,750 $1,200 $1,500 $2,470 S3.480 $3,590 $3,800 $3,950 180 110 January February March April May June 120 August September October November December 110...
P 6A - B High-Low Analysis and Cost Behavior Broccoli Company's total overhead costs vary considerably,...
P 6A - B High-Low Analysis and Cost Behavior Broccoli Company's total overhead costs vary considerably, from month to month, based on direct labor hours. Month August September October November December Labor Hours 3,000 3,400 2,000 2,800 3,600 Total Overhead $234,000 249,200 196,000 226,400 256,800 Their overhead costs consist of indirect labor, supervisor's salary and maintenance. A breakdown of these costs, for the month of October (their low month of activity), follows. Indirect labor (V) Supervisor's salary (F) Maintenance (M)...
TB MC Qu. 5-46 The Macon Company uses the high-low... The Macon Company uses the high-low...
TB MC Qu. 5-46 The Macon Company uses the high-low... The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours 20,000 8,000 Busiest month (June) Slowest month (December) Direct Labor Costs $250,000 $ 127,000 If Macon expects to use 14,500 machine hours next month, what are the estimated direct labor costs? O $172,000. O $179,125. $193,625. $148,625. O The Missou Manufacturing Company recorded overhead costs of $14,202...
Crosshill Company’s total overhead costs at various levels of activity are presented below: Month Machine-Hours Total...
Crosshill Company’s total overhead costs at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April 54,000 $188,180 May 44,000 $163,980 June 64,000 $212,380 July 74,000 $236,580 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 44,000-machine-hour level of activity in May is as follows: Utilities (variable) $ 52,800 Supervisory salaries (fixed) 44,000 Maintenance (mixed) 67,180 Total overhead cost $ 163,980 The...
Crosshill Company’s total overhead costs at various levels of activity are presented below: Month Machine-Hours Total...
Crosshill Company’s total overhead costs at various levels of activity are presented below: Month Machine-Hours Total Overhead Cost April 54,000 $188,180 May 44,000 $163,980 June 64,000 $212,380 July 74,000 $236,580 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 44,000-machine-hour level of activity in May is as follows: Utilities (variable) $ 52,800 Supervisory salaries (fixed) 44,000 Maintenance (mixed) 67,180 Total overhead cost $ 163,980 The...
Tucker Industries uses the high-low method to analyze cost behavior for its manufacturing overhead costs. It...
Tucker Industries uses the high-low method to analyze cost behavior for its manufacturing overhead costs. It has determined that direct labor hours best predict the company's overhead costs. Cost and DL hour usage for the last six months of the year are below. Month DL Hours Total Manufacturing OH Costs $485.000 July 25,000 August $540,000 26,700 September $420 000 20 000 October $416,000 21,900 November $579,000 32.000 December $455,000 20,400 What are total fixed costs? O A. $205,000 OB. $400,000...
Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have...
Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow: Month January February March April May June July August September October November December Machine Hours 2,300 2,700 1,700 2,900 3,600 3,100 3,900 3,300 1,800 3,500 4,500 4,000 Electricity Costs $19, 100 $22,400 $14,200 $24,400 $28,950 $23,400 $25,450 $23,450 $ 16,900 $27,400 $32,400 $28,450 Summary Output Regression Statistics...
Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have...
Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow: Month Machine Hours Electricity Costs January 3,100 $ 18,700 February 3,500 $ 21,600 March 2,500 $ 13,800 April 3,700 $ 23,600 May 4,400 $ 28,550 June 3,900 $ 22,600 July 4,700 $ 25,050 August 4,100 $ 23,050 September 2,600 $ 16,100 October 4,300 $ 26,600 November...
High-Low Analysis and Cost Behavior Broccoli Company's total overhead costs vary considerably, from month to month, based on direct labor hours. P6A - B Month August September October November December Labor Hours 3,000 3,400 2,000 2,800 3,600 Total Overhead $234,000 249,200 196,000 226,400 256,800 Their overhead costs consist of indirect labor, supervisor's salary and maintenance. A breakdown of these costs, for the month of October (their low month of activity), follows. Indirect labor (V) Supervisor's salary (F) Maintenance (M) Total...
X Company uses the high-low method to predict monthly overhead costs. The following were May and September cost and activity results: May September OH Cost $6,709 $11,077 Production 2,300 5,100 If December production is expected to be 4,000 units, what are expected total fixed overhead costs in December (round unit costs to two decimal places]?
3. Jetboats Ltd uses the high-low method to estimate the cost function. Jetboat operates jet boat rides on Sydney Harbour. The number of hours the engines are run in each month is provided below along with the labour costs for maintaining the jet boats for 2018. 3 3 Month Machine (engine) HoursLabour costs $4,300 $2,510 $3,040 $2,780 $1,750 $1,200 $1,500 $2,470 S3.480 $3,590 $3,800 $3,950 180 110 January February March April May June 120 August September October November December 110...
P 6A - B High-Low Analysis and Cost Behavior Broccoli Company's total overhead costs vary considerably, from month to month, based on direct labor hours. Month August September October November December Labor Hours 3,000 3,400 2,000 2,800 3,600 Total Overhead $234,000 249,200 196,000 226,400 256,800 Their overhead costs consist of indirect labor, supervisor's salary and maintenance. A breakdown of these costs, for the month of October (their low month of activity), follows. Indirect labor (V) Supervisor's salary (F) Maintenance (M)...
TB MC Qu. 5-46 The Macon Company uses the high-low... The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours 20,000 8,000 Busiest month (June) Slowest month (December) Direct Labor Costs $250,000 $ 127,000 If Macon expects to use 14,500 machine hours next month, what are the estimated direct labor costs? O $172,000. O $179,125. $193,625. $148,625. O The Missou Manufacturing Company recorded overhead costs of $14,202...
Tucker Industries uses the high-low method to analyze cost behavior for its manufacturing overhead costs. It has determined that direct labor hours best predict the company's overhead costs. Cost and DL hour usage for the last six months of the year are below. Month DL Hours Total Manufacturing OH Costs $485.000 July 25,000 August $540,000 26,700 September $420 000 20 000 October $416,000 21,900 November $579,000 32.000 December $455,000 20,400 What are total fixed costs? O A. $205,000 OB. $400,000...
Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow: Month January February March April May June July August September October November December Machine Hours 2,300 2,700 1,700 2,900 3,600 3,100 3,900 3,300 1,800 3,500 4,500 4,000 Electricity Costs $19, 100 $22,400 $14,200 $24,400 $28,950 $23,400 $25,450 $23,450 $ 16,900 $27,400 $32,400 $28,450 Summary Output Regression Statistics...
Most questions answered within 3 hours.
-
A marketing executive who knowingly authorizes a shoddy
defective product to be brought to market is...
asked 18 seconds ago -
Write a psudocode:
1. Define a function called authorize that takes in 2 strings,
uName, and...
asked 5 minutes ago -
What Hall voltage (in mV) is produced by a 0.180 T field applied
across a 2.60...
asked 4 minutes ago -
What mass of ethylene glycol (C2H6O2) must be added to 211.0 g
of water to obtain...
asked 6 minutes ago -
Mary's employer has a defined benefits retirement plan, which
pay 3.2% of her last year's salary...
asked 9 minutes ago -
What are the characteristics and behavior of an ethical
manager?
Explain, in your words, what ethics...
asked 26 minutes ago -
1. Which of the following is NOT an argument that McMahan uses
to show that jus...
asked 47 minutes ago -
A crate slides up a frictionless slope. At the end of 3 seconds
its velocity is...
asked 1 hour ago -
Use the following information to answer the next seven
questions.
Suppose there are three potential states...
asked 1 hour ago -
If we only have interstitial and substitutional diffusion, then
what do we consider the process of...
asked 1 hour ago -
You look at yourself in a shiny 9.6-cm-diameter Christmas tree
ball.
If your face is 21.0...
asked 1 hour ago -
If we were to measure the relaxation time of a muscle after
undergoing tetanus compared to...
asked 1 hour ago