Calculate the unit cost for Angel Supply using the activity-based costing method with the given information.
Calculate the unit cost for Angel Supply using the activity-based costing method. Feel free to add or makeup figures with the information given
ANGEL SUPPLY Income statement (Absorption Costing) For the Year Ended December 31, 2016 $ $ 600,000 Sales Less cost of goods sold: Open inventory Add) cost of goods manufactured 87,700 123,000 Cost of goods available for sale Less) closing inventory Gross profit 200,700 45,900 154,800 445,200 Less marketing and admin. expenses: Variable marketing and admin expense Fixed marketing and admin expenses 55,000 90,000 145,000 300,200 Net operating income ANGEL SUPPLY Income statement (Absorption Costing) For the Year Ended December 31, 2016 $ $ 600,000 Sales Less cost of goods sold: Open inventory Add) cost of goods manufactured 87,700 123,000. Cost of goods available for sale Less) closing inventory Gross profit 200,700 45,900 154,800 445,200 Less marketing and admin. expenses: Variable marketing and admin expense Fixed marketing and admin expenses 55,000 90,000 145,000 300,200 Net operating income Use the given data to find the following inormation a) find the equation of the regression line b) find the standard error of estimate. Round the final values to three significant digits, if necessary. ( 10 marks) X 0 3 4 5 12 y 8 2 6 9 12 Construct the indicated prediction interval for an individual y. (10 marks) The equation of the regression line for the paired data below is 6-6.18294.3394x and the standard error of estimate is se- 1.6419. Find the 99% prediction interval of y for x = 16. 9 7 2 3 4 22 17 y | 43 35 16 21 23 102 81 ANGEL SUPPLY Income statement (Absorption Costing) For the Year Ended December 31, 2016 $ $ 600,000 Sales Less cost of goods sold: Open inventory Add) cost of goods manufactured 87,700 123,000 Cost of goods available for sale Less) closing inventory Gross profit 200,700 45,900 154,800 445,200 Less marketing and admin. expenses: Variable marketing and admin expense Fixed marketing and admin expenses 55,000 90,000 145,000 300,200 Net operating income ANGEL SUPPLY Income statement (Absorption Costing) For the Year Ended December 31, 2016 $ $ 600,000 Sales Less cost of goods sold: Open inventory Add) cost of goods manufactured 87,700 123,000. Cost of goods available for sale Less) closing inventory Gross profit 200,700 45,900 154,800 445,200 Less marketing and admin. expenses: Variable marketing and admin expense Fixed marketing and admin expenses 55,000 90,000 145,000 300,200 Net operating income Use the given data to find the following inormation a) find the equation of the regression line b) find the standard error of estimate. Round the final values to three significant digits, if necessary. ( 10 marks) X 0 3 4 5 12 y 8 2 6 9 12 Construct the indicated prediction interval for an individual y. (10 marks) The equation of the regression line for the paired data below is 6-6.18294.3394x and the standard error of estimate is se- 1.6419. Find the 99% prediction interval of y for x = 16. 9 7 2 3 4 22 17 y | 43 35 16 21 23 102 81
