At the various activity levels shown, Yates Company incurred the following costs: Required Identify each of these
Question:
Required
Identify each of these costs as fixed, variable, ormixed.
Transcribed Image Text:
Units Sold 20 40 60 80 100 a. Total cost of shopping bags b. Cost per unit of merchandise sold c. Rental cost per unit of $ 2.00 4.00 $ 6.00$ 8.00$10.00 90.00 90.00 36.00 1.00 90.00 18.00 1.00 90.00 12.00 1.00 90.00 9.00 1.00 7.20 80.00 100.00 120.00 140.00 160.00 1.00 480.00 480.00 480.00 480.00 480.00 1,200.00 1,600.00 2,000.00 2,400.00 2,800.00 1,800.00 3,600.00 5,400.00 7,200.00 9,000.00 60.00 48.00 3,200.00 3,200.00 3,200.00 3,200.00 3,200.00 merchandise sold d. Total phone expense e. Cost per unit of supplies f. Total insurance cost g. Total salary cost h. Total cost of goods sold i. Depreciation cost per unit . Total rent cost 240.00 20.00 80.00
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
Requirement Fi...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
Question Posted:
Students also viewed these Managerial Accounting questions
-
At the various activity levels shown, Harper Company incurred the following costs: Required Identify each of these costs as fixed, variable, or mixed. 20 40 60 80 100 Unlts Sold Rental cost per unit...
-
At the various activity levels shown, Ambrose Company incurred the following costs: Required Identify each of these costs as fixed, variable, or mixed. Units sold 20 40 80 100 60 Depreciation cost...
-
At the various activity levels shown, Johnston Company incurred the following costs. Required Identify each of these costs as fixed, variable, ormixed. Units Sold 20 40 60 80 100 48.00 3,200.00...
-
I currently have to complete an assignment on normalization anddenormalization, but I'm lost and don't know hat to do! General Instructions You must answer the following questions and create a...
-
Specify the alkene and reagents needed to synthesize each of the following diols. (a) (b) (Recemic) (c) (Recemic) OH OH OH OH
-
Average household income for all houses in the US, using data from the US Census. State whether the quantity described is a parameter or a statistic and give the correct notation.
-
Assuming that MNC entered into a forward contract to sell 10 million South Korean won on December 1, 2009, as a fair value hedge of a foreign currency receivable, what is the net impact on its net...
-
For a recent year, OfficeMax and Staples are two companies competing in the retail office supply business. OfficeMax had a net income of $71,155,000, while Staples had a net income of $881,948,000....
-
Imagine you're enrolling in the Accounting Information System course. What business rules (Obligatory, Prohibited, Allowed) do you think apply to the enrollment process? Are all of these rules...
-
Q3 [110 points] Suppose that an estimated monthly demand and supply functions for apples in the U.S. are given by: Q=200-40 p + 20 p +0.015Y Q=85 +35 p-20 pj where Qis the quantity of apples demanded...
-
Mollys Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant employs eight people; one is a manager paid a salary plus a bonus equal to 3...
-
Munoz Corporation incurs the following annual fixed costs: Item Cost Depreciation .......... $ 75,000 Officers salaries ........ 160,000 Long-term lease ....... 38,000 Property taxes ......... 12,000...
-
What is Unicode, and how is it used?
-
Units processed during September for material and conversion. Ask an instructor lock lock lock A 3 A copy Determine the cost per equivalent unit for material and conversion cost combined. copy...
-
12% of all college students volunteer their time. Is the percentage of college students who are volunteers different for students receiving financial aid? Of the 338 randomly selected students who...
-
Mervon Company has two operating departments: mixing and bottling. Mixing has 3 3 0 employees and Bottling has 2 2 0 employees. Indirect factory costs include administrative costs of $ 1 8 2 , 0 0 0...
-
XP Ltd. is a manufacturing company with high stock requirements. Management are currently considering their stockholding policy. The following information is available for one stock item, material...
-
Process Costing: weighted average method Required: make a cost of production report in good form. Cost of Production Report-Weighted Average First Dept- Gem Company applies 100% of materials at the...
-
What could a leader do to reduce the possibility of groupthink?
-
Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...
-
Reema Yasin is preparing her businesss statement of cash flows for the 12 months to 30 September 2024, and you determine the following details in relation to that financial year On the basis of the...
-
Wool rich Company makes small aluminum storage bins that it sells through a direct marketing mail order business. The typical bin measures 6 8 feet. The bins are normally used to store garden tools...
-
Molton Company had 300 units of product in work in process inventory at the beginning of the period. It started 1,500 units during the period and transferred 1,200 units to finished goods inventory....
-
Tonbridge Corporation makes a health beverage named Tonbridge that is manufactured in a two stage production process. The drink is first created in the Conversion Department where material...
-
An underlying asset price is at 100, its annual volatility is 25% and the risk free interest rate is 5%. A European call option has a strike of 85 and a maturity of 40 days. Its BlackScholes price is...
-
Prescott Football Manufacturing had the following operating results for 2 0 1 9 : sales = $ 3 0 , 8 2 4 ; cost of goods sold = $ 2 1 , 9 7 4 ; depreciation expense = $ 3 , 6 0 3 ; interest expense =...
-
On January 1, 2018, Brooks Corporation exchanged $1,259,000 fair-value consideration for all of the outstanding voting stock of Chandler, Inc. At the acquisition date, Chandler had a book value equal...
Study smarter with the SolutionInn App