Homework Answers
Question 1
Correct answer----------$193,625
Working
| No of HOURS | 14500 |
| Variable cost (14500 x 10.25) | $ 148,625.00 |
| Fixed cost | $ 45,000.00 |
| Total cost | $ 193,625.00 |
.
| Cost | No. of activities | ||
| A | High Level | $ 250,000.00 | 20000 |
| B | Low Level | $ 127,000.00 | 8000 |
| C=A-B | Difference | $ 123,000.00 | $ 12,000.00 |
| A | Cost difference | $ 123,000.00 | |
| B | No. of activities difference | 12000 | |
| C=A/B | Variable cost per unit | $ 10.25 | |
| High Level | Low Level | ||
| A | No. of activities | 20000 | 8000 |
| B | Variable cost per unit | $ 10.2500 | $ 10.2500 |
| C=AxB | Total Variable cost | $ 205,000.00 | $ 82,000.00 |
| D | Total cost | $ 250,000.00 | $ 127,000.00 |
| E=D-C | Total fixed cost | $ 45,000.00 | $ 45,000.00 |
Question 2
Correct answer----------$9414.
Working
| No of Machine hours | 2620 |
| Variable cost | $ 7,467.00 |
| Fixed cost | $ 1,947.00 |
| Total cost | $ 9,414.00 |
.
| Cost | No. of activities | ||
| A | High Level | $ 14,202.00 | 4300 |
| B | Low Level | $ 8,559.00 | 2320 |
| C=A-B | Difference | $ 5,643.00 | $ 1,980.00 |
| A | Cost difference | $ 5,643.00 | |
| B | No. of activities difference | 1980 | |
| C=A/B | Variable cost per unit | $ 2.85 | |
| High Level | Low Level | ||
| A | No. of activities | 4300 | 2320 |
| B | Variable cost per unit | $ 2.8500 | $ 2.8500 |
| C=AxB | Total Variable cost | $ 12,255.00 | $ 6,612.00 |
| D | Total cost | $ 14,202.00 | $ 8,559.00 |
| E=D-C | Total fixed cost | $ 1,947.00 | $ 1,947.00 |
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