Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2. Use the information provided to identify the type of cost for Costs A, B, and C. Show your work to receive full credit. T1
2. Use the information provided to identify the type of cost for Costs A, B, and C. Show your work to receive full credit. T1 200,000 T2 800,000 Number of Units | $ Cost A Cost B Cost C Cost Per Unit 55.00 $ 26.00 $ 150.00 $ Cost Per Unit 63.00 26.00 37.50 $ Is each cost a variable cost, fixed cost, or mixed cost? Type of Cost Cost A Cost B Cost C 3. Based on the high-low method and the information provided below, what would be the total cost if the number of widgets expected next month was 127,000? Show your work to receive full credit Month January February March April May June July August September October November December Number of Widgets Total Cost 644,000 $ 17,367,000 798,000 $ 21,449,000 121,000 $ 3,508,000 585,000 $ 15,805,000 637,000 $ 17,182,000 581,000 $ 15,698,000 528,000 $ 14,294,000 144,000 $ 4,118,000 417,000 $ 11,352,000 191,000 $ 5,363,000 551,000 $ 14,902,000 661,000 $ 17,819,000 4. Based on the high-low method and the information provided below, what would be the total cost if the number of widgets expected next month was 551,000? Show your work to receive full credit. Month January February March April May June July Number of Widgets Total Cost 849,000 $ 20,863,000 111,000 $ 2,783,000 829,000 $ 20,373,000 175,000 $ 4,350,000 525,000 $ 12,926,000 408,000 $ 10,059,000 593,000 $ 14,591,000 649.000 649,000 $ $ 159 15,963,000 462,000 $ 11,381,000 245,000 $ 6,064,000 353,000 $ 8,711,000 855,000 $ 21,011,000 August September October November December 5. If your company has Net Operating Income = $135,200, Total Fixed Cost = $72,000, and Total Variable Cost = $88,800, what is the Total Sales Revenue? Show your work to receive full credit
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started