[Solved] ABC PLC made 600 units of product Y in Au

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 15, 2024

ABC PLC made 600 units of product Y in August with a total cost of $10,000, and 900 units in September with a total cost

ABC PLC made 600 units of product Y in August with a total cost of $10,000, and 900 units in September with a total cost of $13,000. Using the high/low method of analyzing costs, what will be their total cost in June, if they make 700 units?

a. 10,000

b. 11,000

c. 13,000

d. 12,000

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

Recommended Textbook for

Medical Audit In Primary Health Care

Authors: Martin Lawrence, Theo Schofield

1st Edition

ISBN: 0192622676, 978-0192622679

More Books

Students also viewed these Accounting questions

Question

★★★★★

You run a small business and would like to predict what will happen to the quantity demanded for your product if you raise your price. While you do not know the exact demand curve for your product,...

Answered: 1 week ago

Question

★★★★★

You are an investment manager at Securities Investment PLC and you are advising the management of Microprocessors Limited, a manufacturer of microchips, on its capital structure. The following...

Answered: 1 week ago

Question

★★★★★

Which version do you think is more effective?

Answered: 1 week ago

Question

★★★★★

Dane Cosmetics is evaluating a new fragrancemixing machine. The machine requires an initial investment of $24,000 and will generate after-tax cash inflows of $5,000 per year for 8 years. For each of...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Part 2. Interpretation In an effort to understand how successful the promotion was, Pelican Stores management has produced the following statistics about this sample of 100 in store customers that...

Answered: 1 week ago

Question

★★★★★

In a Canadian population, 54% of people are highly active (exercising 5 hours or more per week); 71% of people have no difficulty falling asleep within 30 min; and 17% of people are highly active and...

Answered: 1 week ago

Question

★★★★★

Mr Joshua is a senior executive of AB Company. This company have 1,000 branches in Malaysia. His office is at the company's headquarters in Kuala Lumpur. He plans to obtain information on the annual...

Answered: 1 week ago

Question

★★★★★

Question 4 You're working in a directory structure and want to see the contents of the subdirectory "data" within the current directory. However, you accidentally misspelled "data" as "dat" while...

Answered: 1 week ago

Question

★★★★★

[The following information applies to the questions displayed below] Diana and Ryan Workman were married on January 1 of last year. Ryan has an eight-year-old son, Jorge, from his previous marriage....

Answered: 1 week ago

Question

★★★★★

Required information [The following information applies to the questions displayed below.] Diana and Ryan Workman were married on January 1 of last year. Diana has an eight-year-old son, Jorge, from...

Answered: 1 week ago

Question

★★★★★

How can multimedia from the Internet be incorporated in a slide presentation? Give an example. (Objective 7)

Answered: 1 week ago

Question

★★★★★

Teamwork. Work with three or four of your classmates to develop a job description for the role of business communication student. Then, prepare a performance appraisal that discusses whether you meet...

Answered: 1 week ago

Question

★★★★★

You have a large amount of numeric data to include in your report. What type of visual aid would be most appropriate? Why? (Objective 3)

Answered: 1 week ago

Previous Question Next Question