The highest value of total cost was $78,000 in June for Acai Beverages, Inc. Its lowest value...
The highest value of total cost was $78,000 in June
for Acai Beverages, Inc. Its lowest value of total cost was
$60,000 in December. The company makes a single product. The
production volume in June and December were 13000 and 6,000 units,
respectively. What is the variable cost per month? (Round
your answer to the nearest cent.)
A.$3.00 per unit
B.$2.57 per unit
C.$1.38 per unit
D.$11.14 per unit
Homework Answers
please rate positively.. let me know if you need any details..
| cost | Unit | |||||||
| i | High | 78000 | 13000 | |||||
| ii | Low | 60000 | 6000 | |||||
| iii=i-ii | Delta | 18000 | 7000 | |||||
| Variable cost per unit =18000/7000 | 2.57 | per unit | ||||||
| therefore answer = option B | 2.57 | per unit | ||||||
Add Answer to:
The highest value of total cost was $78,000 in June
for Acai Beverages, Inc. Its lowest value...
what is the answer from 1to 8 plz MULTIPLE CHOICE. Choose the one alternative that best...
what is the answer from 1to 8 plz
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question 1) Which of the following costs change in total in direct proportion to a change in volume? A) period costs B) variable costs C) fixed costs D) mixed costs 2) The fixed costs per unit will A) increase as production increases B) Increase as production decreases C) remain the same as production levels change D) decrease as...
Libraries Support ganizations Content Collection QUESTION 14 Denver, Inc. believes that its maintenance costs behave as...
Libraries Support ganizations Content Collection QUESTION 14 Denver, Inc. believes that its maintenance costs behave as a mixed cost. The firm's highest maintenance cost was $70,000 in May when the firm made 13,000 units, and the lowest maintenance cost was $52,000 in August when the firm made 7,000 units. What was the variable cost per unit associated with the firm's maintenance costs? (Round your answer to the nearest cent.) A. $11.67 per unit B. $2.57 per unit C. $1.38 per...
Level of Activity Total Cost Units of Activity Highest $28,000 15,000 Lowest $22,000 10,000 Difference $6,000...
Level of Activity Total Cost Units of Activity Highest $28,000 15,000 Lowest $22,000 10,000 Difference $6,000 5,000 16. From the table above, use high & low method to determine the total fixed and variable cost per unit.
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales...
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level 60,000 units Sales price 56.00 per unit Direct materials 9.00 per unit Direct labor 6.50 per unit Variable overhead 11.00 per unit $720,000 in total Fixed overhead Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume Cost of goods sold 60,000 units 80,000 units Cost of goods sold per unit Number of units sold...
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales...
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level 60,000 units Sales price 56.00 per unit Direct materials 9.00 per unit Direct labor 6.50 per unit Variable overhead 11.00 per unit $720,000 in total Fixed overhead Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume Cost of goods sold 60,000 units 80,000 units Cost of goods sold per unit Number of units sold...
Total Cost Method of Product Pricing Smart Stream Inc. uses the total cost method of applying...
Total Cost Method of Product Pricing Smart Stream Inc. uses the total cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 6,000 units of cell phones are as follows: Variable costs: Fixed costs: Direct materials $ 89 per unit Factory overhead $270,800 Direct labor 41 Selling and administrative expenses 95,200 Factory overhead 27 Selling and administrative expenses 21 Total variable cost per unit $178 per unit Smart Stream desires a profit equal to...
Sunspot Beverages, Ltd., of Fiji uses the weighted average method in its process costing system. It...
Sunspot Beverages, Ltd., of Fiji uses the weighted average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Materials Conversion 708 40% Work in process, beginning Started into production Completed and...
Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes...
Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Materials Conversion 70% 40% Work in process, beginning Started into production Completed and transferred...
Exercise 19-12 Absorption costing and overproduction LO C1 Jacquie Inc. reports the following annual cost data...
Exercise 19-12 Absorption costing and overproduction LO C1 Jacquie Inc. reports the following annual cost data for its single product 1.25 points eBook Normal production and sales level Sales price Direct materials Direct labor Variable overhead Fixed overhead 78,000 units $ 57.80 per unit $ 10.80 per unit 8.30 per unit $ 12.80 per unit $1,357, 200 in total Hint Ask Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume 78,000...
Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropic...
Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Units Materials Conversion Work in process, beginning 78,000 70% 40% Started into production 384,000...
what is the answer from 1to 8 plz
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question 1) Which of the following costs change in total in direct proportion to a change in volume? A) period costs B) variable costs C) fixed costs D) mixed costs 2) The fixed costs per unit will A) increase as production increases B) Increase as production decreases C) remain the same as production levels change D) decrease as...
Libraries Support ganizations Content Collection QUESTION 14 Denver, Inc. believes that its maintenance costs behave as a mixed cost. The firm's highest maintenance cost was $70,000 in May when the firm made 13,000 units, and the lowest maintenance cost was $52,000 in August when the firm made 7,000 units. What was the variable cost per unit associated with the firm's maintenance costs? (Round your answer to the nearest cent.) A. $11.67 per unit B. $2.57 per unit C. $1.38 per...
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level 60,000 units Sales price 56.00 per unit Direct materials 9.00 per unit Direct labor 6.50 per unit Variable overhead 11.00 per unit $720,000 in total Fixed overhead Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume Cost of goods sold 60,000 units 80,000 units Cost of goods sold per unit Number of units sold...
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level 60,000 units Sales price 56.00 per unit Direct materials 9.00 per unit Direct labor 6.50 per unit Variable overhead 11.00 per unit $720,000 in total Fixed overhead Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume Cost of goods sold 60,000 units 80,000 units Cost of goods sold per unit Number of units sold...
Sunspot Beverages, Ltd., of Fiji uses the weighted average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Materials Conversion 708 40% Work in process, beginning Started into production Completed and...
Sunspot Beverages, Ltd., of Fiji uses the weighted-average method in its process costing system. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then blended in the Blending Department. The blended juices are then bottled and packed for shipping in the Bottling Department. The following information pertains to the operations of the Blending Department for June. Percent Completed Materials Conversion 70% 40% Work in process, beginning Started into production Completed and transferred...
Exercise 19-12 Absorption costing and overproduction LO C1 Jacquie Inc. reports the following annual cost data for its single product 1.25 points eBook Normal production and sales level Sales price Direct materials Direct labor Variable overhead Fixed overhead 78,000 units $ 57.80 per unit $ 10.80 per unit 8.30 per unit $ 12.80 per unit $1,357, 200 in total Hint Ask Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume 78,000...
Most questions answered within 3 hours.
-
3. Gains from trade
Consider two neighbouring island countries called Euphoria and
Contente. They each have...
asked 20 minutes ago -
A business executive has the option to invest money in two
plans: Plan A guarantees that...
asked 2 hours ago -
Hello, can someone please help me answer this question?
How much heat is absorbed by a...
asked 2 hours ago -
. A marketing researcher conducted a survey of 25 shoppers
randomly selected at the local mall...
asked 2 hours ago -
Create an comprehensive response to the
following:
Antimicrobial agents work on a multitude of microbes (bacteria,...
asked 2 hours ago -
6.13 LAB: Step counter. Section 6.3.
A pedometer treats walking 2,000 steps as walking 1 mile....
asked 2 hours ago -
(14.2) A block of mass m = 10 kg riding on a frictionless
horizontal plane is...
asked 2 hours ago -
Use any search engine to search for articles about Starbucks
partnership with Tata Companies in India...
asked 2 hours ago -
Let’s say that for some reason Bank Excess Reserves suddenly
increase sharply. What effect would this...
asked 3 hours ago -
Given:
Curent Assets: $600,000
Total Assets: $2,600,000
Current Liabilities: $500,000
Total Liabilities: $1,700,000
What is the...
asked 3 hours ago -
1. What is a “Bankster”? What is insider trading? Why is it
illegal?
2. What is...
asked 3 hours ago -
A transverse wave on a cord is given by
D(x,t)=0.18sin(2.7x−61.0t), where Dand x are in m...
asked 3 hours ago