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APPLICATION: (2 points) PROVIDE THE ANSWER ON THE SPACE PROVIDED The following cost relate to Leztah Corp for the year: Distribution Cost Direct materials

 

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APPLICATION: (2 points) PROVIDE THE ANSWER ON THE SPACE PROVIDED The following cost relate to Leztah Corp for the year: Distribution Cost Direct materials Conversion cost Factory overhead P 185,000 215,000 435,000 190,000 Compute for the following: 1. TOTAL PERIOD COST 2. 3. TOTAL PRODUCT COST PRIME COST Use the following data for item 4 TO 6. Data concerning Nicole Company's activity for the first six months of the year appear below: Machine Hours Month January February March April May June 4,000 6,000 4,800 3,800 3,600 4,200 Electrical Costs P3,120 P4,460 P3,500 P3,040 P2,900 P3,200 4. Using the high-low method of analysis, the estimated variable electrical cost per machine hour is: 5. Using the high-low method of analysis, the estimated monthly fixed component of the electrical cost is: 6. What is the predictive cost equation?

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