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10) XYZ Company provided you with the following cost information. Month January February March April May June Power Cost $24,400 30,400 29,000 22,340 19,900 16,900

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10) XYZ Company provided you with the following cost information. Month January February March April May June Power Cost $24,400 30,400 29,000 22,340 19,900 16,900 Factory Machine Hours 13,900 17,600 16,800 13,200 11,600 8,600 Instructions Answer the following questions and show computations to support your answers by using the high-low method of analyzing costs.. (a) Calculate the estimated variable portion of power costs per factory machine hour? 1.5 cost per unit (b) Calculate the estimated fixed power cost each month? I (c) If XYZ Company estimated that 10,000 factory machine hours will be run in August, what is the expected total power cost for August? (1) Joe Coffee Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $360,000 9,000 7,500 units sold for $90 per unit 1,000 units (a) What is the manufacturing cost for the ending finished goods inventory

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