Calculation of variable cost per unit using high-low volume method | |||
= (Higher cost -lower cost )/ (higher volume - lower volume) | |||
=($24-16)/(7-2) | |||
=$8/5 | |||
=$1.6 per unit | |||
Total Fixed cost Per week | |||
24 = ($1.6*7) + Fixed cost | |||
Fixed Cost = $12.8 | |||
Total etching cost for net week | |||
Variable cost ($1.6*5 units ) | $ 8.00 | ||
Fixed cost | $ 12.80 | ||
Total Cost | $ 20.80 | ||
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answer is not 20.50 Appendix Chapter OUGUEU TIM Check my work Part 2 of 2 Required...
pkease help!! answer is NOT 25 or 28 or 250!! Required information [The following information applies to the questions displayed below.) George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost $ 13 $ 120 For planning purposes, management would like to know...
George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Etching Cost 1 10 $ 27 2 7 $20 3 12 $31 4 6 $20 5 8 $24 6 11 $30 Total 54 $ 152 For planning purposes, management would like to know the variable etching...
Required Information George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 1 2 3 4 5 6 Units 5 7 10 5 16 17 60 Total Etching Cost $ 22 21 25 20 28 32 $ 148 For planning purposes, management would like to know the...
George Caloz & Frères, located in Grenchen, Switzerland, makes prestige high-end custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has observed etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 10 $ 27 2 7 $ 20 3 12 $ 31 4 6 $ 20 5 8 $ 24 6 11 $ 30 54 $ 152 For planning purposes, management would...
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