Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

16 The total production cost for 20,000 units was P21,000 and the total production cost for making 50,000 units was P34,000. Once production exceeds

imageimage

16 The total production cost for 20,000 units was P21,000 and the total production cost for making 50,000 units was P34,000. Once production exceeds 25,000 units, additional fixed costs of P4,000 were incurred. The full production cost per unit for making 30,000 units is: * (1 Point) Do not use money sign. Round the answer to 2 decimal places. Sample format: 1.11 18 What is the best estimate of total costs using the high-low method if the expected fleet mileage for 2021 is 500,000 miles? * (1 Point) Do not use money sign. Sample format: 11,111 NUBD Co. has the following information about its truck fleet miles and operating costs: Year Miles 2018 400,000 2019 480,000 2020 560,000 Operating Costs P256,000 280,000 320,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Answer To find the full production cost per unit for making 30000 units we can use the highlow metho... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Pauline Weetman

2nd Edition

0273718452, 978-0273718451

More Books

Students also viewed these Accounting questions

Question

What is liquidity, and what is the rationale for its measurement?

Answered: 1 week ago

Question

T F Dementia is a normal part of the aging process. (p. 542)

Answered: 1 week ago