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24) At a total of 150,000 machine hours, a company had total product costs of $2,100,000. This total was made up of $450,000 for Cost

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24) At a total of 150,000 machine hours, a company had total product costs of $2,100,000. This total was made up of $450,000 for Cost 1 (which is variable), $900,000 for Cost 2 (which is fixed), and $750,000 for Cost 3 (which is mixed). At a level of 200,000 machine hours, the company had total product costs of $2,390,000. Of this $2,390,000, how much is Cost 3? A) $590,000 B) $840,000 C) $890,000 D) $1,040,000 E) None of the above 25. Refer to the previous question. Use the high-low method on the total product costs to determine how much of the TOTAL product cost is fixed. A) $1,650,000 B) $1,390,000 C) $1,190,000 D) $1,230,000 E) None of the above 26) A company sells 2 products, bits and pieces. The company has 2 factories, one in New York that produces bits and pieces and the one in California that produces bits and pieces. Both products are sold in the company's 2 sales territories, East and West. The depreciation expense on the factory in California is a fixed cost when segments are defined as product lines, and a fixed expense when segments are defined as sales territories. A) Traceable, Traceable Traceable, Common C) Common, Traceable Common, Common B)

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