Westerville plc accumulates the following data concerning a mixed cost, using units produced as the activity level.
Question:
Westerville plc 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 9,200 units.
Transcribed Image Text:
Units Produced Total Cost 10,000 9,000 £18,000 16,650 March April May 10,500 8,800 9,500 18,580 16,200 June July 17,100
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
a Variable cost 18580 16200 10500 8800 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Question Posted:
Students also viewed these Business questions
-
Zhoax Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. Unit selling price...
-
Youn Electronics has the following information available for September 2020. Instructions a. Compute the unit contribution margin . b. Prepare a CVP income statement that shows both total and per...
-
Viejol Group has collected the following information after its first year of sales. Sales were 1,600,000 on 100,000 units, selling expenses 250,000 (40% variable and 60% fixed), direct materials...
-
The death of Steve Jobs in 2011 sent the world into mourning for the loss of a great innovator. No longer would the world witness Apples enthusiastic CEO clad in his characteristic black turtleneck...
-
Use a spreadsheet or a program like Mathcad to plot the percent deviation of the variation function (8.74) from the true ground-state wave function versus x/l.
-
Steven J. Trzaska was the head of LOreal USAs regional patent team, managing the procedure by which the company patented products. As an attorney barred in Pennsylvania, Trzaska had to adhere to...
-
Chunky data. Refer to Exercise 13.21 (p. 13-32) and the hourly data collected by BPI consulting. Recall that the data are saved in the file. a. Construct an R-chart for the data. Is the process...
-
1. Continue the current policy that leaves it up to the Muslim workers as to when they leave the assembly line to perform their sunset rituals. 2. Try to hire the fewest possible Muslim workers so...
-
Yes, we have a few steps before our products get to our customers in the store, making it an indirect channel. Landon So, what area of the supply chain was first weakened due to COVID-19?...
-
c). Assuming that Thomas Co. had a balance in Merchandise Inventory on December 1 of $6,000, determine the balance in the Merchandise Inventory account at the end of December for Thomas Co. (Post...
-
Tandika Industries reports the following total costs at two levels of production. Classify each cost as variable, fixed, or mixed. 5,000 Units 10,000 Units Rp 3,000,000 7,000,000 28,000,000 Rp...
-
Lika AG makes radios that sell for 30 each. For the coming year, management expects fi xed costs to total 220,000 and variable costs to be 18 per unit. a. Compute the break-even point in sales using...
-
(a) Consider spherical polar coordinates in 3-dimensional space, and verify that the nonzero connection coefficients, assuming an orthonormal basis, are given by Eq. (11.71). (b) Repeat the exercise...
-
St. Cecilia's Health System's current culture may be defined by a blend of historical ideals and problems. Given its history of primarily caring for women and children, it is likely to place a...
-
For this assignment, imagine we are the supervisor of case managers who come to us for support and guidance. You have noticed a theme of questions that are frequently asked, which mostly surround...
-
Audio Partners needs to invest in the next level of technology in order to be competitive. The company is exploring the purchase of a new piece of equipment that will cost $1,500,000, at an expected...
-
Choose a real company of their choosing and will focus on ways to help increase the company's digital consumer engagements. For example, how can the company better drive increased revenue, sales,...
-
Four morally and ethically relevant principles have been examined regarding scarcity and include: Treating people with consistency through the use of a lottery or first-come first-served basis...
-
What is the difference between DRAM and SRAM in terms of characteristics such as speed, size, and cost?
-
All of the following assets can be depreciated, except: (a) A bulldozer (b) A copper mine (c) A surgical robot (d) A conveyor belt
-
What are the similarities between a job order and a process cost system?
-
What are the similarities between a job order and a process cost system?
-
What are the similarities between a job order and a process cost system?
-
Los siguientes datos corresponden a las operaciones de Turk Company el ao pasado: Ventas $ 900 000 Utilidad operativa neta $ 36 000 Margen de contribucin $ 150 000 Activos operativos promedio $ 180...
-
Problem 16-16 Tax Shields (LO2) River Cruises is all-equity-financed with 53,000 shares. It now proposes to issue $280,000 of debt at an interest rate of 12% and to use the proceeds to repurchase...
-
In a process costing system, companies use predetermined overhead rates to apply overhead
Study smarter with the SolutionInn App