Blakely Company accumulates the following data concerning a mixed cost, using units produced as the activity level.
Question:
Blakely Company accumulates the following data concerning a mixed cost, using units produced as the activity level.
(a) Compute the variable and fixed cost elements using the high-low method.(b) Estimate the total cost if the company produces 8,500 units
Transcribed Image Text:
Units Produced 10,000 Total Cost March April May June July $18,000 16,650 18,750 16,200 17,100 9.000 10,500 8,800 9,500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
a Variable cost 18750 16200 10500 880...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ 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
-
Amanda Company accumulates the following data concerning a mixed cost, using units produced as the activity level. (a) Compute the variable and fixed cost elements using the high-low method.(b)...
-
Colter Company accumulates the following data concerning a mixed cost, using units produced as the activity level. (a) Compute the variable and fixed cost elements using the high-low method. (b)...
-
Mace 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-lowmethod. Miles Driven 10.000...
-
The graph of g consists of two straight lines and a semicircle. Use it to evaluate each integral. (a) g(x) dr (b) g(x) dr (c) () di y=g(x)
-
Discuss several advantages of linear programming; clearly explain the reasons for your choices.
-
List four reasons why deviations from PPP might occur; then carefully explain how each causes such deviations.
-
\(5 \times 13 \times 4\) Use properties of real numbers and mental math to calculate the expression.
-
Transfer of Receivables without Recourse SEK Corp. factors $400,000 of accounts receivable with Mays Finance Corporation on a without recourse basis on July 1, 2010. The receivables records are...
-
Thank you for helping. 10.Camilia Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2018: Cash $ 2,900 Cost of...
-
Schweizer Distribution specializes in distributing fresh produce to local restaurants in the Chicago area. The company currently sells 12 different products through the efforts of three sales...
-
Alton Companys fixed overhead costs are $3 per unit, and its variable overhead costs are $8 per unit. In the first month of operations, 50,000 units are produced and 47,000 units are sold. Write a...
-
Wales Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $200,000 and variable costs to be $20 per unit. (a) Compute the break-even point in...
-
Use LOOKUP functions to compute for a given date and day of the week the date of the next date that occurs on the listed day of the week. For example, for 4/30/2021 and Monday, your formula should...
-
True or False. The amplitudes of higher harmonics will be smaller in the response of a system.
-
What is the difference between transient and steady-state responses?
-
How do needs and values differ in different cultures?
-
True or False. The Laplace transform method takes the initial conditions into account automatically.
-
What is a first-order system?
-
What is a data code book?
-
The overall reaction and equilibrium constant value for a hydrogenoxygen fuel cell at 298 K is 2H 2 (g) + O 2 (g) 2H 2 O(l) K = 1.28 10 83 a. Calculate E cell and G 8 at 298 K for the fuel cell...
-
What is E forward rxn for the reaction in Problem 13.95? What is E reverse rxn ? Data from Problem 13.95 Does the following reaction-energy profile represent an endothermic or exothermic reaction in...
-
Indicate two behavioral principles that pertain to (a) The manager being evaluated and (b) Top management?
-
Indicate two behavioral principles that pertain to (a) The manager being evaluated and (b) Top management?
-
Indicate two behavioral principles that pertain to (a) The manager being evaluated and (b) Top management?
-
Do the winners from free trade win the political argument? Why or why not? The winners from free trade win the political argument because, OA. do, members of Parliament need their votes OB. do not it...
-
22 Statistics Canada has recently reported historically high increases in the CPI. As Tiff Macklin, the governor of the Bank of Canada, noted, higher inflation in Canada will help some Canadians, but...
-
Projectile Motion Component of Motion Characteristics I. Horizontal 1. Affected by gravity II. Vertical 2. Exhibits uniform motion 3. Exhibits uniform accelerated motion 4. Component of initial...
Study smarter with the SolutionInn App