Homework Answers
1) Forklift depreciation: - Fixed as dollar cost is constant or same at different level of output. $ 1600
Indirect labor: - Mixed cost as the cost is neither fixed in totality nor in per unit .
so variable cost per unit = change in cost /change in hours
= (108600-55800 ) /(16500- 4500)
= 52800 / 12000
= $ 4.4 per hour
At 4500 hours ,Fixed cost = Total cost - variable cost
=55800 - (4.4*4500)
= 55800 - 19,800
= $ 36000
Y = 36000 + 4.4 X
c)Fuel and oil for forklift: -It is a variable cost as it is constant or same in per unit.
Variable cost per unit = 3015/ 4500 or 11055 /16,500 = $ 0.67 per unit
2) Forklift depreciation = 1600
Indirect labor = 36000 + (10000 * 4.4)
= 36000+ 44000
= $ 80,000
Fuel and oil for forklift = 10000 *.67 =$ 6,700
3) cost formula = ( 36000 + 1600 ) + (4.4 +. 67 ) X
= 37600 + 5.07 X
Y = 37600 + (5.07 * 10000 ) = 37600 + 50700
= $ 88,300
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