Homework Answers
| a | Variable Cost per unit | = | Highest Activity Cost-Lowest Activity Cost/Highest Activity Units-Lowest Activity Units | |||||||
| Highest Activity | = | 46000 units | ||||||||
| Lowest Activity | = | 18000 units | ||||||||
| Variable Cost per unit | = | Highest Activity Cost-Lowest Activity Cost/Highest Activity Units-Lowest Activity Units | ||||||||
| Variable Cost per unit | = | $73900-$31900/ ( 46000-18000) | ||||||||
| Variable Cost per unit | = | $42000/ 28000 | ||||||||
| Variable Cost per unit | = | 1.5 | per unit | |||||||
| b | 18000 units Vriable Cost = | 18000*1.5 | ||||||||
| Variable Cost at 18000 units | $27,000 | |||||||||
| Total Cost at 18000 units | = | $31,900 | ||||||||
| Fixed Cost = | = | Total Cost-Variable Cost | ||||||||
| Fixed Cost = | = | $31900-$27000 | ||||||||
| Fixed Cost = | = | $4,900 | ||||||||
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Monty Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Bridgeport Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Bridgeport Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 17,000 $38,950 August 34,000 61,300 September 38,000 69,500 October 22,000 44,200 November 40,000 86,100 December 38,000 82,000 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit $ e Textbook and Media Compute the fixed cost elements using the high-low method. Fixed costs $
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Total Cost Produced 21,546 $43,092 July August 38,304 57,456 September 43,092 65,835 October 26,334 45,486 November 47,880 89,176 45,486 December 74,214 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October Units Produced 21,546 38,304 43,092 26,334 47,880 45,486 $43,092 57,456 65,835 45,486 89,176 74,214 November December Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per units LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Blossom Corp. has collected the following data concerning its
maintenance costs for the past 6 months.
Units Produced
Total Cost
July
18,020
$41,545
August
32,032
48,048
September
36,036
55,055
October
22,022
42,358
November
40,040
74,575
December
38,038
62,062
Compute the variable cost per unit using the high-low method.
(Round answer to 2 decimal places, e.g.
2.25.)
Variable cost per unit
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months....
Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 18,920 33,632 37.836 23,122 42,040 39,938 $40,151 50,448 57,805 41 356 78,299 65.162 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places.... 2.25.) Variable cost per unit Compute the fixed cost elements using the high-low method. Fixed costs Click if you would like to Show Work for...
Brief Exercise 18-5 Markowis Corp. has collected the following data concerning its maintenance costs for the...
Brief Exercise 18-5 Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 20,178 35,872 40,356 24,662 44,840 42,598 $40,356 53,808 61,655 42,598 83,514 69,502 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per units Compute the fixed cost elements using the high-low method. Fixed costs Click if you...
Westerville Corp. has collected the following data concerning its maintenance costs for the past six months:...
Westerville Corp. has collected the following data concerning its maintenance costs for the past six months: Units Produced Total Cost July 17,300 $31,620 August 32,900 48,000 September 36,100 55,100 October 22,400 39,000 November 40,300 65,200 December 38,200 62,300 (a1) Calculate the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places, e.g. 12.25.) Variable cost $ per unit
Carla Vista Corp. has collected the following data concerning its maintenance costs for the past 6...
Carla Vista Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 20,180 $44,058 August 35,872 53,808 September 40,356 61,655 October 24,662 46,334 November 44,840 83,514 December 42,598 69,502 Compute the fixed cost elements using the high-low method.
July August September October November December Units Produced 18,000 32,000 32,000 36,000 20,000 40,000 38,000 Total...
July August September October November December Units Produced 18,000 32,000 32,000 36,000 20,000 40,000 38,000 Total Cost $41,500 58,400 6 6,800 40,700 87,700 83,500 x your answer is incorrect. Try again. Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit J 2.14 x Your answer is incorrect. Try again. Compute the fixed cost elements using the high-low method. Fixed costs Fixed costs 2,100 2,100...
Do It! Review 11-2 (Part Level Submission) Monty Company accumulates the following data concerning a mixed...
Do It! Review 11-2 (Part Level Submission) Monty Company accumulates the following data concerning a mixed cost, using units produced as the activity level. March April Units Produced 9,990 9,060 10,500 8,810 9,510 May June July Total Cost $27,140 24,244 27,900 23,844 24,764 (a1) Compute the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places eg. 12.25.) Variable cost per units
Bridgeport Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 17,000 $38,950 August 34,000 61,300 September 38,000 69,500 October 22,000 44,200 November 40,000 86,100 December 38,000 82,000 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit $ e Textbook and Media Compute the fixed cost elements using the high-low method. Fixed costs $
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Total Cost Produced 21,546 $43,092 July August 38,304 57,456 September 43,092 65,835 October 26,334 45,486 November 47,880 89,176 45,486 December 74,214 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October Units Produced 21,546 38,304 43,092 26,334 47,880 45,486 $43,092 57,456 65,835 45,486 89,176 74,214 November December Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per units LINK TO TEXT INTERACTIVE TUTORIAL Compute the fixed cost elements using the high-low method. Fixed costs
Blossom Corp. has collected the following data concerning its
maintenance costs for the past 6 months.
Units Produced
Total Cost
July
18,020
$41,545
August
32,032
48,048
September
36,036
55,055
October
22,022
42,358
November
40,040
74,575
December
38,038
62,062
Compute the variable cost per unit using the high-low method.
(Round answer to 2 decimal places, e.g.
2.25.)
Variable cost per unit
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 18,920 33,632 37.836 23,122 42,040 39,938 $40,151 50,448 57,805 41 356 78,299 65.162 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places.... 2.25.) Variable cost per unit Compute the fixed cost elements using the high-low method. Fixed costs Click if you would like to Show Work for...
Brief Exercise 18-5 Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 20,178 35,872 40,356 24,662 44,840 42,598 $40,356 53,808 61,655 42,598 83,514 69,502 Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per units Compute the fixed cost elements using the high-low method. Fixed costs Click if you...
July August September October November December Units Produced 18,000 32,000 32,000 36,000 20,000 40,000 38,000 Total Cost $41,500 58,400 6 6,800 40,700 87,700 83,500 x your answer is incorrect. Try again. Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit J 2.14 x Your answer is incorrect. Try again. Compute the fixed cost elements using the high-low method. Fixed costs Fixed costs 2,100 2,100...
Do It! Review 11-2 (Part Level Submission) Monty Company accumulates the following data concerning a mixed cost, using units produced as the activity level. March April Units Produced 9,990 9,060 10,500 8,810 9,510 May June July Total Cost $27,140 24,244 27,900 23,844 24,764 (a1) Compute the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places eg. 12.25.) Variable cost per units
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