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12:09 .Oil LTE Chapter 11 Homework 04-18-2023 O Identify Activity Bases For a major university, select the Activity Base for each associated item in the
12:09 .Oil LTE Chapter 11 Homework 04-18-2023 O Identify Activity Bases For a major university, select the Activity Base for each associated item in the Cost column. Note that each activity base will only be used once. Cost Activity Base 1. Admissions mailing 2. Financial aid 3. Graduate teaching assistants 4. Housing 5. Identification cards 6. Student records Progress: 5/5 items Check My Work 3 more Check My Work uses remaining. Previous Assignment Score: 0.0% Save and Exit Submit Assignment for Grading AA v2.cengagenow.com C12:06 .. LTE E} Chapter 11 Homework 04-18-2023 @'3 Identify Cost Graphs o The following cost graphs illustrate various types of cost behavior: Cost Graph One Cast Graph Two 0 Total Unlrs Produced 0 Total Units Produced Cost Graph Three Cost Graph Four 3 3 0 Total Units Produced 0 Total Units Produced For each of the following costs, select the cost graph that best illustrates its cost behavior as the number of units produced increases. a. Direct material cost per unit. \\/ Graph One Graph Two Graph Three Graph Four 3 more Check M Work uses tsmainin Progress: 215 items y 9 AA 8 v2.0engagenow.com 12:06 . LTE Eli Chapter 11 Homework 04-18-2023 6):) HighLow Method for Service Company Miss River Railroad decided to use the highlow method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Miss River Railroad is a measure of railroad operating activity, termed "gross-ton miles," which is the total number of tons multiplied by the miles moved. Transportation Costs Gross-Ton Miles January $1,432,300 369,000 February 1,596,900 412,000 March 1,128,600 257,000 April 1,531,100 399,000 May 1,234,100 321,000 June 1,546,300 434,000 Determine the variable cost per gross-ton mile and the fixed cost. Round variable cost per unit to the nearest cent. Variable cost $:] per gross-ton mile Fixed cost $ . Ch ._k Mi W V, 3 more Check M Work uses remainin Progress: 115 items y g AA 8 v2.cengagenow.com 12:07 .Of LTE Chapter 11 Homework 04-18-2023 Break-Even Sales and Sales to Realize Operating Income For the current year ending December 31, Fromm Industries expects fixed costs of $455,000, a unit variable cost of $54, and a unit selling price of $80. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $104,000. units Check My Work 3 more Check My Work uses remaining. Previous Next Progress: 3/5 items Assignment Score: 0.0% Save and Exit Submit Assignment for Grading AA v2.cengagenow.com C12:07 .IT LTE Chapter 11 Homework 04-18-2023 Classify Costs Following is a list of various costs incurred in producing and selling college textbooks. With respect to the production and sale of textbooks, classify each cost as either variable, fixed, or mixed. 1. Art commission of $18,000 paid for use of art on textbook cover. Fixed Mixed Variable 6. Packaging for customized texts and texts shipped with software codes. 7. Paper used in printing the textbooks. 8. Property insurance premiums, $900 per month plus $0.03 for each dollar of property over $1,000,000. 9. Property taxes, $307,500 per year on factory building and equipment. 10. Rent on warehouse, $6,400 per month plus $1.25 per square foot of storage used. 11. Royalty paid authors for each textbook sold. Check My Work 3 more Check My Work uses remaining. Previous Progress: 4/5 items Next Assignment Score: 0.0% Save and Exit Submit Assignment for Grading AA v2.cengagenow.com C12:07 ..|I LTE E} 0 Chapter 11 Homework 04-18-2023 2. Sales commissions paid sales representatives based upon number of textbooks sold. 3. Electricity costs, $0.02 per kilowatt-hour. v 4. Hourly wages of operators of printing presses. v 5. Janitorial costs, $2,500 per month. v 6. Packaging for customized texts and texts shipped with software codes. v 7. Paper used in printing the textbooks. v 8. Property insurance premiums, $900 per month plus $0.03 for each dollar of property over $1,000,000. v 9. Property taxes, $307,500 per year on factory building and equipment. v 10. Rent on warehouse, $6,400 per month plus $1.25 per square foot of storage used. 11. Royalty paid authors for each textbook sold. v 12. Salary of plant manager. v 13. Sales commission paid to Amazoncom of $50,000 plus $0.25 for each textbook sold online. 14. Straight-line depreciation on the production equipment. 15. Technology development costs of $600,000. v cried. M, Work a more Check My mum uses remaining ( Previous Nexi ) Assignmunl Scorn: 0.0% Submit Assignment for Grading AA 0 v2.cengagenow.com G
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