Question
Anderson company had the following 10 months of data on materials handing cost and number of moves. Month Number of Moves (Q) Material handling cost
Anderson company had the following 10 months of data on materials handing cost and number of moves.
Month
Number of Moves (Q)
Material handling cost (TC)
January
100
$2,000
February
125
3,090
March
175
2,780
April
200
1,990
May
500
7,500
June
300
5,300
July
250
4,300
August
400
6,300
September
475
5,600
October
425
6,240
Determine the high point and the low point,
Answer 1
Choose...
$13.75
September & January
$625
May & January
$7,500
$18.75
$6,250
$4,812.50
$5,437.50
$6,875
May & April
$11
Calculate the variable rate for materials handing based on the number of moves (Q),
Answer 2
Choose...
$13.75
September & January
$625
May & January
$7,500
$18.75
$6,250
$4,812.50
$5,437.50
$6,875
May & April
$11
Calculate the fixed monthly cost of materials handling,
Answer 3
Choose...
$13.75
September & January
$625
May & January
$7,500
$18.75
$6,250
$4,812.50
$5,437.50
$6,875
May & April
$11
If Anderson company estimates that November will have 350 moves(Q), what is the total estimated materials handling cost (TC) for that month?
Answer 4
Choose...
$13.75
September & January
$625
May & January
$7,500
$18.75
$6,250
$4,812.50
$5,437.50
$6,875
May & April
$11
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
12th edition
007802529X, 1259969525, 978-1260565492
