For Lamar Company, a mixed cost is $20,000 plus $16 per direct labor hour. Diagram the behavior
Question:
For Lamar Company, a mixed cost is $20,000 plus $16 per direct labor hour. Diagram the behavior of the cost using increments of 500 hours up to 2,500 hours on the horizontal axis and increments of $20,000 up to $80,000 on the vertical axis
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
Cost 80000 60000 40000 200...View the full answer
Answered By
Salmon ouma
I am a graduate of Maseno University, I graduated with a second class honors upper division in Business administration. I have assisted many students with their academic work during my years of tutoring. That has helped me build my experience as an academic writer. I am happy to tell you that many students have benefited from my work as a writer since my work is perfect, precise, and always submitted in due time. I am able to work under very minimal or no supervision at all and be able to beat deadlines.
I have high knowledge of essay writing skills. I am also well conversant with formatting styles such as Harvard, APA, MLA, and Chicago. All that combined with my knowledge in methods of data analysis such as regression analysis, hypothesis analysis, inductive approach, and deductive approach have enabled me to assist several college and university students across the world with their academic work such as essays, thesis writing, term paper, research project, and dissertation. I have managed to help students get their work done in good time due to my dedication to writing.
5.00+
4+ Reviews
16+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Problem 23-7A Your answer is partially correct. Try again. Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-3 pound plastic at...
-
Below is selected prior year data from the Company. |Sales|$3,500,000 |Net operating income|$280,000 |Average operating assets|$1,500,000 |Minimum required rate of return|16% A. What is the Company's...
-
For Qiu Company, a mixed cost is $15,000 plus $18 per direct labour hour. Diagram the behaviour of the cost using increments of 500 hours up to 2,500 hours on the horizontal axis and increments of...
-
A beam of light enters the end of an optic fiber as shown in Fig. 23-52. Show that we can guarantee total internal reflection at the side surface of the material (at point a), if the index of...
-
Code three calls to the procedure created in exercise 1: a. passed by position with @Vendor Var = 'Z'% and no balance range b. passed by with @Vendor Var omitted and a balance range from $200 to...
-
Samantha purchases food (F) and other goods (Y) with the utility function U = FY. Her income is 12. The price of a food is 2 and the price of other goods 1. a) How many units of food does she consume...
-
You cannot make corrections to the payroll transactions once they have been entered into the computer. (True/False)
-
Forgetta Manufacturing has old equipment that cost $48,000. The equipment has accumulated depreciation of $28,000 and a fair value of $26,000. Forgetta has decided to sell the equipment. (a) What...
-
Amazon.com operates e-commerce services using operating costing. In May 2031, the company incurs the following operating costs: Warehouse Rent: $25 million Fulfillment Labor: $35 million Packaging...
-
The town of Hillside has a surface reservoir that supplies water to the homes in the towns central residential district. A committee of residents is concerned about the systems capacity and wants to...
-
For Brenda Company, the relevant range of production is 4080% of capacity. At 40% of capacity, a variable cost is $4,000 and a fixed cost is $6,000. Diagram the behavior of each cost within the...
-
Moines Company accumulates the following data concerning a mixed cost, using miles as the activity level Compute the variable and fixed cost elements using the high-low method. Total Miles Driven...
-
Consider the potato chip production process at a company such as Old Dutch Foods. Old Dutch uses a continuous flow technology that is suited for high volumes of product. The Calgary plant uses...
-
Workplace bullying is a major source of employee discontent and lost productivity. Bullying is seen as an abuse of power, and this is prevalent in times of organizational change. Explain how an...
-
From: Dara Khosrowshahi Date: Fri, Sep 22, 2017 at 12:53 PM Subject: Re: Update on London's License Thanks Pierre, and thanks to everyone working on this issue. Like all of you, I'm hugely...
-
Most writers agree that bullying includes emotional abuse that causes humiliation and distress and interferes with work by harassing the victim. Keashly and Jagatic (2003) identified seven aspects of...
-
Give the Haskell polymorphic types of the following functions. (a) (5) > const :: > const x _ = x (b) (5) > or :: > or = foldr (||) False (c) (5) > any :: > any p = or . (map p) (d) (5) > ms :: > ms...
-
Identify a future or cutting-edge application of analytics on cyber attack. Discuss and concise summary of this topic. Be sure to indicate why you believe that this topic is important. Appropriate...
-
Repeat Example 3 .15 using Wagners model of Example 3 .12. How similar are the predictions of Theodorsens and Wagners theory? Data from Example 3 .15 Calculate the aerodynamic load responses of a...
-
Imagine you are the HR manager at a company, and a female employee came to you upset because she felt a male coworker was creating a hostile work environment by repeatedly asking her out on dates...
-
The mechanism for the endothermic reaction (a) Draw the reaction-energy profile for this reaction and label reactants, products, reaction intermediates, transition states, activation energies, and E...
-
In 2007 Campbell Soup Company reported average total assets of $3,095 million, net sales of $7,867 million, and net income of $854 million. What was Campbell Soups return on assets ratio?
-
Andrea Reeble, a marketing executive for Fresh Views Inc., has proposed expanding its product line of framed graphic art by producing a line of lower-quality products. These would require less...
-
Aldrich Corporation and Benjamin Corporation operate in the same industry. Aldrich uses the straight-line method to account for depreciation, whereas Benjamin uses an accelerated method. Explain what...
-
Which of the following comments is true regarding Justin Paperny's comments during his presentation? A. Justin believes that the main reason he was sentenced to prison is because his actions were key...
-
Which of the following is an example of qualitative factors that can effect investment decisions? Select one: a. All of the choices b. Over time, how will the quality of goods produced impact the...
-
The head of the accounting department of your company has determined that there is idle cash and is considering options for investing it. You are assigned to explain the costs and benefits of various...
Study smarter with the SolutionInn App