Answer) 1420
Explanations:
Variable cost per unit = (9400 - 3610) / (2660 - 730) = $3 per machine hour
Fixed Cost = Total Cost - Variable Cost
= 9400 - (3 x 730)
= 3610 - 2190
= 1420
MC Qu. 108 The following information is... 0.05 points The following information is available for a company's utili...
MC Qu. 110 The following information is available... The following information is available for a company's cost of sales over the last five months. 0.05 points 8 01:07:27 Month January February March Units sold 570 730 1,250 2,570 Cost of sales $28, 200 $33,500 $45,500 $57,500 ebook April Using the high-low method, the estimated total fixed cost is: Multiple Choice O $39700 $79,400
The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 990 $ 5,540 February 1,890 $ 7,080 March 2,580 $ 9,000 April 690 $ 3,330 Using the high-low method, the estimated total fixed cost for utilities is:
The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 900 $ 5,450 February 1,800 $ 6,900 March 2,400 $ 8,100 April 600 $ 3,600 Using the high-low method, the estimated total fixed cost for utilities is: Multiple Choice $1,500. $3,600. $6,000. $3,300. $2,100.
The following information is available for a company's cost of sales over the last five months Units sold Month Cost of sales January 570 $28,200 February 730 $33,500 March $45,500 1,250 2,570 April $57,500 Using the high-low method, the estimated total fixed cost is Multiple Choice $19,850 $29,300 $25,172 $79,400 $39,700
The following information is available for a company's utility cost for operating its machines over the last four months Month January Pebruary March April Machine hours 900 1,800 2,400 600 Utility cost $5,450 $6,900 $8,100 $3,600 Using the high-low method, the estimated variable cost per machine hour fortit Multiple Choice O $338 Oo oo
1. (10 Points) The following information is available for Alba Company's maintenance cost over the last four months. Month January February March April Maintenance Maintenance hours cost 150 $6,000 120 $5,100 240 $8,100 $6,900 Use the high-low method to estimate both the fixed and variable component of its maintenance cost.
CHAPTER THREE 7. The following information is available for electricity costs for the last six months of the year: Month Production Volume Electricity Costs February 1,000 $1,700 March 2,200 4,000 April 2,000 3,200 May 1,630 3,100 June 1,240 2,600 July 1,340 3,020 Using the high-low method, what is the estimated variable cost per unit of production? (Round your answer to two decimal places.) (4 Points) 1.75 1.92 1.53 1.37
The following information is available for Alba Company's maintenance cost over the last four months. Month January February March April Maintenance Maintenance hours cost 150 $6,000 120 $5,100 240 $8,100 210 $6,900 Use the high-low method to estimate both the fixed and variable component of its maintenance cost.
The following information is available for a company's cost of sales over the last five months. Month January February March April Units sold 310 710 1,150 1,950 Cost of sales $27,400 $32,500 $44,500 $56,500 Using the high-low method, the estimated variable cost of sales per unit sold is: Multiple Choice 0 O $38.70 0 O $28.97. 0 O $37.12. 0 $88.39 0 $1774.
2. The following information is available for a company's cost of sales over the last five months. Month January February March April May Units sold 400 800 1,600 2,400 2,500 Cost of sales $ 31,000 $ 37,000 $ 49,000 $ 61,000 $ 63,500 Using the high-low method, Estimate total fixed cost of sales (3 points) Estimate variable cost of sales per unit (4 points) If the company projects units sold for next month to be 2,200, how much the total...