Homework Answers
Solution:
Past relationship between cost and activity may not be a useful basis for estimating future cost "If future activity levels are expected to be beyong the relevant range"
Hence option C is correct.
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19. Past relationships between cost and activity may not be a useful basis for estimating future...
Nova Company's total overhead cost at various levels of activity are presented below. Month April MAY...
Nova Company's total overhead cost at various levels of activity are presented below. Month April MAY June July Machine- Hours 51.000 41.000 61,000 71,000 Total Overhead Cost $ 181,310 $ 158,210 $ 204, 410 $227,510 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 49,200 51,000 58,010 $158,210 Nova Company's management...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 46,000 36,000 56,000 66,000 Total Overhead Cost $ 186,020 $ 161,820 $ 210,220 $ 234, 420 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 36,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 43, 200 60,000 58,620 $ 161,...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 51,000 41,000 61,000 71,000 Total Overhead Cost $ 208, 040 $ 182,640 $ 233, 440 $ 258, 840 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 53,300 63,000 66,340 $182,640...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 45,000 35,000 55,000 65,000 Total Overhead Cost $ 192,900 $ 166,900 $ 218,900 $ 244,900 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 35,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 49,000 60,000 57,900 $ 166,900 Nova Company's...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 53,000 43,000 63,000 73,000 Total Overhead Cost $ 215, 940 $ 189, 140 $ 242,740 $ 269,540 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 43,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 64,500 55,000 69,640 $189, 140...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 50,000 40,000 60,000 70,000 Total Overhead Cost $ 187,300 $ 161,500 $ 213,100 $ 238,900 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 40,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 56,000 45,000 60,500 $161,500 Nova Company's management...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 54,000 44,000 64,000 74,000 Total Overhead Cost $ 196,260 $ 171,860 $ 220,660 $ 245,060 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 44,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 57,200 45,000 69,660 $171,860 Nova Company's management...
Crosshill Company's total overhead costs at various levels of activity are presented below: Month April May...
Crosshill Company's total overhead costs at various levels of activity are presented below: Month April May June July Machine- Hours 54,000 44,000 64,000 74,000 Total Overhead Cost $213,580 $189,380 $237,780 $261,980 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) Supervisory salaries (fixed) Maintenance (mixed) 57,200 68,000 64,180 Total overhead cost $ 189,380 The company wants to...
Crosshill Company's total overhead costs at various levels of activity are presented below. Month pril May...
Crosshill Company's total overhead costs at various levels of activity are presented below. Month pril May Machine Hours 19,000 39,000 59,000 69.000 Total Overhead Cost $191,860 $164,460 $219, 260 $246,660 July Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 39,000 machine-hour level of activity in May is as follows: Utilities variable) Supervisory salaries (fixed) Maintenance mixed) 62.400 43.000 59,060 nces Total overhead coat $164.960 The company wants to...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 52,000 42,000 62,000 72,000 Total Overhead Cost $223,100 $196,100 $250, 100 $277,100 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 42,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 63,000 65,000 68,100 $ 196,100 Nova Company's management wants to...
Nova Company's total overhead cost at various levels of activity are presented below. Month April MAY June July Machine- Hours 51.000 41.000 61,000 71,000 Total Overhead Cost $ 181,310 $ 158,210 $ 204, 410 $227,510 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 49,200 51,000 58,010 $158,210 Nova Company's management...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 46,000 36,000 56,000 66,000 Total Overhead Cost $ 186,020 $ 161,820 $ 210,220 $ 234, 420 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 36,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 43, 200 60,000 58,620 $ 161,...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 51,000 41,000 61,000 71,000 Total Overhead Cost $ 208, 040 $ 182,640 $ 233, 440 $ 258, 840 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 41,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 53,300 63,000 66,340 $182,640...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 45,000 35,000 55,000 65,000 Total Overhead Cost $ 192,900 $ 166,900 $ 218,900 $ 244,900 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 35,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 49,000 60,000 57,900 $ 166,900 Nova Company's...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 53,000 43,000 63,000 73,000 Total Overhead Cost $ 215, 940 $ 189, 140 $ 242,740 $ 269,540 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 43,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 64,500 55,000 69,640 $189, 140...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 50,000 40,000 60,000 70,000 Total Overhead Cost $ 187,300 $ 161,500 $ 213,100 $ 238,900 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 40,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 56,000 45,000 60,500 $161,500 Nova Company's management...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 54,000 44,000 64,000 74,000 Total Overhead Cost $ 196,260 $ 171,860 $ 220,660 $ 245,060 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 44,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 57,200 45,000 69,660 $171,860 Nova Company's management...
Crosshill Company's total overhead costs at various levels of activity are presented below: Month April May June July Machine- Hours 54,000 44,000 64,000 74,000 Total Overhead Cost $213,580 $189,380 $237,780 $261,980 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) Supervisory salaries (fixed) Maintenance (mixed) 57,200 68,000 64,180 Total overhead cost $ 189,380 The company wants to...
Crosshill Company's total overhead costs at various levels of activity are presented below. Month pril May Machine Hours 19,000 39,000 59,000 69.000 Total Overhead Cost $191,860 $164,460 $219, 260 $246,660 July Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 39,000 machine-hour level of activity in May is as follows: Utilities variable) Supervisory salaries (fixed) Maintenance mixed) 62.400 43.000 59,060 nces Total overhead coat $164.960 The company wants to...
Nova Company's total overhead cost at various levels of activity are presented below: Month April May June July Machine- Hours 52,000 42,000 62,000 72,000 Total Overhead Cost $223,100 $196,100 $250, 100 $277,100 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 42,000 machine-hour level of activity is: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) Total overhead cost $ 63,000 65,000 68,100 $ 196,100 Nova Company's management wants to...
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