Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2 Write a linear cost function equation for each of the following conditions: Use y for estimated costs and x for the activity of the

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
2 Write a linear cost function equation for each of the following conditions: Use y for estimated costs and x for the activity of the cost driver. a. Direct manulacturine labour is $30 per hour b. Direct materials cost is 5800 per cubic metre c. vulities have a minimum charge of 53,000 plus a charge of 50.05 per kiowatt hour. a Factory supglies average 510 per day plus $100 for each machine-hour per day e. Total manuffthurine amortiration includes $5,000 for straight-line plant amortiration plus machinery amortiration of $100 for each day oper a 3 Use the information provided to answer the following questions: Perun's TV and Appliance Store is a small company that has the following information pertaining to current year operations. What are the estimated total costs if Penny's expects to sell 3,000 units next year? A) $896,000 b) $678,000 C) $2.259,000 0) 5269,000 E) 5542,000 4 Use the information below to answer the following question. Presented bebw is the production data for the last six months of the year for the moxed costs incurred by Mount Peari Company. Using the high-low method, the cost function would be stated as A) y=52,200+5280x B) y=$17,816+50,36x C) y=5536+53.06x D) y=$2.4.450+$0.33x E) y=$39,250+3033x Stiow Calculations: The total cout im an operating lewiol 10,000 unts vouldbe A) 531 tis Bi 130.200 C.1121416 142550 Show Calculation s: 145625 2 Write a linear cost function equation for each of the following conditions: Use y for estimated costs and x for the activity of the cost driver. a. Direct manulacturine labour is $30 per hour b. Direct materials cost is 5800 per cubic metre c. vulities have a minimum charge of 53,000 plus a charge of 50.05 per kiowatt hour. a Factory supglies average 510 per day plus $100 for each machine-hour per day e. Total manuffthurine amortiration includes $5,000 for straight-line plant amortiration plus machinery amortiration of $100 for each day oper a 3 Use the information provided to answer the following questions: Perun's TV and Appliance Store is a small company that has the following information pertaining to current year operations. What are the estimated total costs if Penny's expects to sell 3,000 units next year? A) $896,000 b) $678,000 C) $2.259,000 0) 5269,000 E) 5542,000 4 Use the information below to answer the following question. Presented bebw is the production data for the last six months of the year for the moxed costs incurred by Mount Peari Company. Using the high-low method, the cost function would be stated as A) y=52,200+5280x B) y=$17,816+50,36x C) y=5536+53.06x D) y=$2.4.450+$0.33x E) y=$39,250+3033x Stiow Calculations: The total cout im an operating lewiol 10,000 unts vouldbe A) 531 tis Bi 130.200 C.1121416 142550 Show Calculation s: 145625

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions