Homework Answers
Correct answer---------#125,200 are the total fixed cost
.
$5.20x means the variable cost will be 5.20 per unit and fixed cost will be $125,200 in total what the level of activity is.
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In the equation y = $5.20x + $125,200, $125,200 are the total costs. $125,200 are the...
total annual cost equation y = 21725+ .75 x No of fleet miles Path:p Words QUESTION...
total annual cost equation y = 21725+ .75 x No of fleet miles Path:p Words QUESTION 4 300 . The following data was obtained from the books of the Delta Home Painting Company Month Overhead Costs Direct Labor Hours January $1,200 February 1,875 400 March 900 250 April 450 May 550 100 2,125 Compute the fixed and variable components of the monthly overhead costs using the high-low method. TT T Arial M3 (12pt) TEE 5.025 CELA 4021250
The linear equation for total cost is ( Unit variable costs Units ) + Fixed cost...
The linear equation for total cost is ( Unit variable costs
Units ) + Fixed cost
d. deprecation on factory machinery n 22 The linear equation for total cost is (Unit variable cost x Units) + Fixed cost. Select one: out of O True False
The profit equation is: a) (Unit price* Q)+( cup nit) variable costs+ Total fixed cos t...
The profit equation is: a) (Unit price* Q)+( cup nit) variable costs+ Total fixed cos t * s = Profit b) (Unit tprice* Q)-(U Unit variable costs* Q)+Total fixed costs = Profit c) (Unit price - Unit variable costs - Total fixed costs) Q = Profit. d) (Unit price* Q)-(U) Unit variable cos t * s * Q Total fixed cos t * s = Proft .
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...
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 52,000 42,000 62,000 72,000 Total Overhead Cost $204,360 $180,060 $228,660 $252,960 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 42,000-machine-hour level of activity in May is as follows: $ Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) 54,600 60,000 65,460 Total overhead cost $ 180,060 The company wants to...
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 Machine- Hours 49,000 39,000 59,000 69,000 Total Overhead Cost $210,730 $186,030 $ 235, 430 $260,130 June 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) 50, 700 70,000 65,330 Total overhead cost $ 186,030 The...
Henning Co. estimates that variable costs will be 70% of sales and fixed costs will total...
Henning Co. estimates that variable costs will be 70% of sales and fixed costs will total $2,160,000. The selling price of the product is $10, and 750,000 units will be sold. Using the mathematical equation, Henning Co. estimates that variable costs will be 70% of sales and fixed costs will total $2,160,000. The selling price of the product is $10, and 750,000 units will be sold. Using the mathematical equation, find the Break-even point in units and dollar.
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 45,000 35,000 55,000 65,000 Total Overhead Cost $175,050 $ 151,550 $198,550 $ 222,050 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 35,000-machine-hour level of activity in May is as follows: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) 42,000 55,000 54,550 Total overhead cost $ 151,550 The company wants...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs at high and low levels of activity for recent years are given below: Direct labor-hours Total factory overhead costs Level of Activity Low High 67,800 90,400 $308,540 $360,520 The factory overhead costs above consist of indirect materials, rent, and maintenance. The...
total annual cost equation y = 21725+ .75 x No of fleet miles Path:p Words QUESTION 4 300 . The following data was obtained from the books of the Delta Home Painting Company Month Overhead Costs Direct Labor Hours January $1,200 February 1,875 400 March 900 250 April 450 May 550 100 2,125 Compute the fixed and variable components of the monthly overhead costs using the high-low method. TT T Arial M3 (12pt) TEE 5.025 CELA 4021250
The linear equation for total cost is ( Unit variable costs
Units ) + Fixed cost
d. deprecation on factory machinery n 22 The linear equation for total cost is (Unit variable cost x Units) + Fixed cost. Select one: out of O True False
Crosshill Company's total overhead costs 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 $204,360 $180,060 $228,660 $252,960 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 42,000-machine-hour level of activity in May is as follows: $ Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) 54,600 60,000 65,460 Total overhead cost $ 180,060 The company wants to...
Crosshill Company's total overhead costs at various levels of activity are presented below: Month April May Machine- Hours 49,000 39,000 59,000 69,000 Total Overhead Cost $210,730 $186,030 $ 235, 430 $260,130 June 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) 50, 700 70,000 65,330 Total overhead cost $ 186,030 The...
Crosshill Company's total overhead costs 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 $175,050 $ 151,550 $198,550 $ 222,050 Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 35,000-machine-hour level of activity in May is as follows: Utilities (variable) Supervisory salaries (fixed) Maintenance (mixed) 42,000 55,000 54,550 Total overhead cost $ 151,550 The company wants...
Sawaya Co., Ltd., of Japan is a manufacturing company whose total factory overhead costs fluctuate considerably from year to year according to increases and decreases in the number of direct labor-hours worked in the factory. Total factory overhead costs at high and low levels of activity for recent years are given below: Direct labor-hours Total factory overhead costs Level of Activity Low High 67,800 90,400 $308,540 $360,520 The factory overhead costs above consist of indirect materials, rent, and maintenance. The...
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