The manufacturing costs of Fuld Industries for three months of the year are provided below. Using the
Question:
Using the high-low method, determine
(a) The variable cost per unit
(b) The total fixed cost.
Transcribed Image Text:
Total Costs Production 7,500 units January $175,000 February March 390,000 490,000 20,000 25,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
a 18 per unit 490...View the full answer
Answered By
Felix Mucee
I am a detailed and thorough professional writer with 5 years of administrative experience- the last 2 years in academic writing and virtual office environment. I specialize in delivering quality services with respect to strict deadlines and high expectations. I am equipped with a dedicated home office complete with a computer, copier/scanner/fax and color printer.
I provide creative and detailed administrative, web search, academic writing, data entry, Personal assistant, Content writing, Translation, Academic writing, editing and proofreading services. I excel at working under tight deadlines with strict expectations. I possess the self-discipline and time management skills necessary to have served as an academic writer for the past five years. I can bring value to your business and help solve your administrative assistant issues.
4.70+
13+ Reviews
33+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The manufacturing costs of Big T Enterprises for the first three months of the year are provided below. Using the high-low method, determine (a) The variable cost per unit and (b) The total...
-
The manufacturing costs of Buckley Industries for three months of the year are provided below. Using the high- low method, determine (a) The variable cost per unit (b) The total fixedcost. Total...
-
The manufacturing costs of Carrefour Enterprises for the first three months of the year are provided below. Using the high- low method, determine (a) The variable cost per unit (b) The total...
-
You use the following data to calculate your stock value. Assume you use the historical geometric average growth rate (rounded to 2 decimals) for initial growth rate for 4 years. Then you believe it...
-
On January 1, 2018, Canseco Plumbing Fixtures purchased equipment for $30,000. Residual value at the end of an estimated four-year service life is expected to be $2,000. The company expects the...
-
Do you believe that advertising is ancient or a modern practice? How so?
-
3. Search the Web for effective project leadership. Based on your search, briefly describe some of the suggestions you found.
-
The income statement of Hauser Company is presented on the shown below.? Additional information: 1. Accounts receivable decreased $290,000 during the year, and inventory increased $140,000. 2....
-
Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,995,000. Harding paid $560,000 and issued a note payable for the remainder of the...
-
Delgado Manufacturing's sales slumped badly in 2016. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 500,000 units...
-
Colt Industries Inc., operating at full capacity, sold 30,000 units at a price of $56 per unit during 2012. Its income statement for 2012 is as follows: The division of costs between fixed and...
-
The following information concerns production in the Forging Department for April. The Forging Department uses the average cost method. a. Determine the cost per equivalent unit. b. Determine the...
-
On January 1, 2017, Draper Inc. issued $4 million of face value, five-year, 6% bonds at par. Each $1,000 bond is convertible into 20 common shares. Draper's net income in 2017 was $200,000, and its...
-
Jennifer purchased stock at $50 per share with a 75% initial margin requirement and a maintenance margin of 35%. How much equity per share must Jennifer contribute when the stock falls to $15 per...
-
Thinking about your present job and your "inventory"of leadership traits and characteristics, where are your strengths and weaknesses as a leader?Is being a leader desirable? If yes, what motivates...
-
You are facing a complex decision with several courses of possible action and probabilities associated with them. The current decision tree, based on the best possible estimates of probabilities and...
-
1. In what ways has Marriot proven an industry leader in the context of entrepreneurship in the hospitality industry. 2. What are the author's metrics of measuring entrepreneurial activity, and do...
-
Suppose you want to model the relationship between the interest rate, the economic growth rate and the inflation rate. what would be first model to fit explain.
-
In Exercises determine the point(s) (if any) at which the graph of the function has a horizontal tangent line. y = x + sin x, 0 x < 2
-
How do the principles of (a) Physical controls and (b) Documentation controls apply to cash disbursements?
-
The higher the R 2 of a regression equation, the better the likelihood that X is an appropriate cost driver for Y. Is this true or false? Explain your answer.
-
The following terms pertain to the budgeting process: benchmarks..........................................bottlenecks budget...................................................budget committee...
-
Silver Company makes a product that is very popular as a Mother?s Day gift. Thus, peak sales occur in May of each year. These peak sales are shown in the following sales budget for the second...
-
Aecerty 1067687 was completed with the folowing charaderistick Murulectere sec00 5xs:99 s35ida sputed
-
Assume todays settlement price on a CME EUR futures contract is $1.3180 per euro. You have a long position in one contract. EUR125,000 is the contract size of one EUR contract. Your performance bond...
-
Q2. Company ABC bought an equipment for $20,000 in 2015, with useful life of 5 years $5,000 residual value amortized using straight-line method. Prepare a table to illustrate the differences...
Study smarter with the SolutionInn App