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What would the monthly fixed maintenance cost be?
Maintenance costs at Seaside Manufacturing over the past...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table....
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $15,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the monthly fixed maintenance cost be? (Round any intermediary calculations to the nearest cent.) O A. $7,800 OB. $7,200 O C. $28,000 OD. $2,000
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table....
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $16,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,800 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $5,320 OB. $28,680 O c. $15,880 OD. $10,680
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table....
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April Maintenance cost $13,600 $14,720 $13,000 $14,480 $17,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 May June Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $16,600 OB. $3,000 OC. $14,000 OD. $32,000 Maintenance costs at Seaside Manufacturing over the...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table....
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month Maintenance cost Machine hours January $13,600 15,500 February $14,720 16,900 March $ 12 comma 000 13 comma 000 April $14,480 16,600 May $ 15 comma 000 17 comma 000 June $13,200 15,000 Using the high minus low method, what would the monthly fixed maintenance cost be? (Round any intermediary calculations to the nearest cent.)
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table....
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $12,460 $14,480 $15,380 $13,200 Machine hours 15,500 16,900 13,700 16,600 17,400 15,000 Using the high-low method, what would the variable maintenance cost per machine hour be? O A. $0.88 OB. $0.91 OC. $0.79 OD. $1.27
Schrute Farm Sales buys portable generators for $450 and sells them for $740. He pays a...
Schrute Farm Sales buys portable generators for $450 and sells them for $740. He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $6,000 a month rent for his store, and also pays $1,800 a month to his staff in addition to the commissions. Mr. Schrute sold 700 generators in June. If Mr. Schrute prepares a traditional income statement for the month of June, what would be his operating income? O A. $518,000...
1) During the year, MSU purchased materials costing $40,000 and incurred direct labor cost of $15,000....
1) During the year, MSU purchased materials costing $40,000 and incurred direct labor cost of $15,000. Manufacturing overhead totaled $25,000 for the year. Information on inventories was as follows: Jan 1st Dec 31st Materials $5,000 $6,000 Work in process 1,000 2,000 Finished goods 6,000 4,000 What was the cost of goods sold for the year? . a. $78,000 b. $69,600 c. $79,000 d. $80,000 2) MSU Company reported the following financial information: Direct labor $145,000 Manufacturing overhead Direct materials $300,000...
What is Dugan's variable cost component for maintenance costs? $ _____ per machine hour b) What is Dugan's fixed cost component for maintenance costs? $ c) What are the total expected maintenance cost when the activity level is 450 machine hours? $
Dugan Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs:MonthTotal Maintenance CostsTotal Machine HoursJanuary$ 5,000400February$ 6,000500March$ 7,200700April$ 9,600900May$ 6,400600June$ 9,800890Use the high-low method to answer the following questions about Dugan Industries.Round your answers to two decimal places.a) What is Dugan's variable cost component for maintenance costs? $ _____ per machine hourb) What is Dugan's fixed cost component for maintenance costs? $ c) What are the total expected maintenance cost when the activity...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $15,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the monthly fixed maintenance cost be? (Round any intermediary calculations to the nearest cent.) O A. $7,800 OB. $7,200 O C. $28,000 OD. $2,000
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $16,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,800 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $5,320 OB. $28,680 O c. $15,880 OD. $10,680
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April Maintenance cost $13,600 $14,720 $13,000 $14,480 $17,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 May June Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $16,600 OB. $3,000 OC. $14,000 OD. $32,000 Maintenance costs at Seaside Manufacturing over the...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $12,460 $14,480 $15,380 $13,200 Machine hours 15,500 16,900 13,700 16,600 17,400 15,000 Using the high-low method, what would the variable maintenance cost per machine hour be? O A. $0.88 OB. $0.91 OC. $0.79 OD. $1.27
Schrute Farm Sales buys portable generators for $450 and sells them for $740. He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays $6,000 a month rent for his store, and also pays $1,800 a month to his staff in addition to the commissions. Mr. Schrute sold 700 generators in June. If Mr. Schrute prepares a traditional income statement for the month of June, what would be his operating income? O A. $518,000...
1) During the year, MSU purchased materials costing $40,000 and incurred direct labor cost of $15,000. Manufacturing overhead totaled $25,000 for the year. Information on inventories was as follows: Jan 1st Dec 31st Materials $5,000 $6,000 Work in process 1,000 2,000 Finished goods 6,000 4,000 What was the cost of goods sold for the year? . a. $78,000 b. $69,600 c. $79,000 d. $80,000 2) MSU Company reported the following financial information: Direct labor $145,000 Manufacturing overhead Direct materials $300,000...
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