At the high and low levels of activity during the month, direct labor hours are 90,000 and
Question:
At the high and low levels of activity during the month, direct labor hours are 90,000 and 40,000, respectively. The related costs are $165,000 and $100,000. What are the fixed and variable costs at each level of activity?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Variable cost per unit is 130 or 165000 100000 90000 400...View the full answer
Answered By
Maria Celeste Linson
My Name is Nirbhay Movaliya and I'm completed bachelor's in BCA and masters degree MSc IT in Dhirubhai Ambani institute of information and communication technology and programming experience in 4+ years in industries and I'm solving question & answers .
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Business questions
-
The Lakeshore Hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: Guest-days is a measure of the overall activity at the hotel. For example, a guest who...
-
Pleasant View Hospital of British Columbia has just hired a new chief administrator who is anxious to employ sound management and planning techniques in the business affairs of the hospital....
-
The number of X-rays taken and X-ray costs over the last nine months in Beverly Hospital are given below: Required: 1. Using the high-low method, estimate the cost formula for X-ray costs. 2. Using...
-
When is inflation an important issue in conducting case analysis? Why bother?
-
CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $545,000 is estimated to result in $197,000 in annual pretax cost savings. The...
-
Describe the limitations on the deduction of transfers to charity.
-
The equation of motion of a simple pendulum, subjected to a constant torque, \(M_{t}=m l^{2} f\), is given by If \(\sin \theta\) is replaced by its two-term approximation, \(\theta-\left(\theta^{3} /...
-
The cash data of Richmond Automotive for June 2014 follow: Richmond Automotive received the following bank statement on June 30, 2014: Additional data for the bank reconciliation include the...
-
Southwest Milling Company purchased a front-end loader to move stacks of lumber. The loader had a list price of $124,960. The seller agreed to allow a 5.00 percent discount because Southwest Milling...
-
Selected data for Dalton Company for Year 3 and additional information on industry averages follow. Required a. Calculate Dalton Companys earnings per share ratio, price-earnings ratio, and return on...
-
The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 7,000 units finished and...
-
In 2019, Manhoff Company had a break-even point of $350,000 based on a selling price of $5 per unit and fixed costs of $112,000. In 2020, the selling price and the variable costs per unit did not...
-
The fluid dynamic characteristics of an airplane flying \(240 \mathrm{mph}\) at \(10,000 \mathrm{ft}\) are to be investigated with the aid of a 1:20 scale model. If the model tests are to be...
-
Find the zeros and give the multiplicity of each for the following equation. f(x) = x(4x-1)2(x-6)3
-
The true root of an equation is 1 . 0 1 . One student chooses an initial interval of [ 1 , 2 ] to start the bisection method. What is the absolute true percentage error after 4 steps?
-
A pilot can travel 4 1 6 mikes with the wind in the same amount of time 3 3 6 miles against the wind find the speed of the wind if the pilot speed in still air is 2 3 5
-
Problem 1 Consider the homogeneous system ( S ) w 3 x + 5 y z = 0 2 w x 2 y + z = 0 w 7 y + 7 z = 0 Show that the set of solutions of ( S ) is a vector subspace of R 4 .
-
How Federal Reserve Investigate unethical issues on Financial Markets and Institutions:
-
With whom do you agree in this dispute? Should Russ have honored Clydes request to leave, or should Clyde have allowed Russ and Ellie into his store? Who are the stakeholders and what are the stakes?...
-
Modify the CYK algorithm so that it applies to any CFG, not just those in CNF.
-
Identify the three sections of a cash budget. What balances are also shown in this budget?
-
Identify the three sections of a cash budget. What balances are also shown in this budget?
-
Identify the three sections of a cash budget. What balances are also shown in this budget?
-
Luzadis Company makes furniture using the latest automated technology. The company uses a job - order costing system and applies manufacturing overhead cost to products on the basis of machine -...
-
Thoroughly define organizational culture and provide three examples of different types of organizational cultures. Several sources and examples support thinking. explain how leaders and managers...
-
Peru Industries began operations on January 1 , 2 0 2 3 . During the next two years, the company completed a number of transactions involving credit sales, accounts receivable collections, and bad...
Study smarter with the SolutionInn App