Question
3.Baker Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product Production
3.Baker Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product
Production Volume: 1,000 units: 3,000 Units
Direct Materials: 30.90per unit; 30.90 per unit
Direct Labor: 40.20 per unit; 40.20 per unit
Manufacturing Overhead: 64.60 per unit; 33.80 per unit
The best Estimate of the total variable manufacturing cost per unit is?----
4.Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for the last five months of operations.
Labor Hours Maintenance Cost
Jan 160 P617
Feb 130 P553
Mar 180 P596
Apr 190 P623
May 110 P532
using the high-low method of analysis, the estimated variable cost per labor hour for maintenance is closest to?----
5.Your boss would like you to estimate the fixed and variable components of a particular cost actual data for this cost over four recent periods appear below:
Activity Cost
Period 1 22 235
Period 2 23 243
Period 3 25 255
Period 4 20 227
Using the Least-squares regression method, what is the cost formula for this cots?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
3 To find the total variable manufacturing cost per unit we need to add the direct materials direct labor and variable manufacturing overhead costs At ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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