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Check 2 Organize. Inc. has only variable costs and fixed costs. A review of the company's records disclosed that when 300,000 units were produced, fixed
Check 2 Organize. Inc. has only variable costs and fixed costs. A review of the company's records disclosed that when 300,000 units were produced, fixed manufacturing costs amounted to $600,000 and the cost per unit manufactured totaled $12. On the basis of this information, how much cost would the firm anticipate at an activity level of 335,000 units?| Book Multiple Choice Ask O $3,950.000. O $3,937.000. O $3,929,000. O $3.600.000. O None of the answers Is correct.Check my wo Sophie Corporation recently produced and sold 167.000 units. Fixed costs at this level of activity amounted to $53,100: variable costs were $501,000. How much cost would the company anticipate if during the next period it produced and sold 176,000 units?| Book Multiple Choice Ask O $220.100. O $255,000. O $581.100. O $582,100. O None of the answers is correct.Check my work 3 Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Fulton made 11,000 copies and paid a total of $580 in March; in May. the firm paid $490 for 9.000 copies. The company uses the high-low method to analyze costs. Fulton's variable cost per copy is: (Round your final answer to 3 decimal places.) Book Ask Multiple Choice O $0.045. O $0.056. O $0.058. O $0.061. O None of the answers is correct.Check my wor 4 Ralston has the following budgeted costs at its anticipated production level (expressed in hours): variable overhead, $169.500; fixed overhead, $270.000. If Ralston now revises its anticipated production slightly upward, it would expect: eBook Multiple Choice Ask O total fixed overhead of $270,000 and the same hourly rate for variable overhead. O total variable overhead of less than $169,500 and a higher hourly rate for variable overhead. O total variable overhead of less than $169,500 and a lower hourly rate for variable overhead. O total fixed overhead of $270,000 and a higher hourly rate for variable overhead. O total fixed overhead of $270,000 and a lower hourly rate for variable overhead.Check my wo 5 The following data relate to the Torrence Company for May and August: May August Maintenance hours 28, 900 35, 090 Maintenance cost $1, 215, 900 $1, 327,090 BBOOK Ask May and August were the lowest and highest activity levels, and Torrence uses the high-low method to analyze cost behavior. If maintenance hours are estimated to be 32,000 hours in October, which of the following statements is true?| Multiple Choice O The variable maintenance cost is $23 per hour. O The variable maintenance cost is $21 per hour. O The fixed maintenance cost is $112,000 per month. O More than one of the other answers Is true.Check my work 6 A review of Parson Corporation's accounting records found that at a volume of 111,000 units, the variable and fixed cost per unit amounted to $6 and $2, respectively. On the basis of this information, what amount of total cost would Parson anticipate at a volume of 102,500 units?| Book Multiple Choice Ask O $820,000. O $837,000. O $871,000. O $688,000. O None of the answers is correct.Check my 7 Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1.200 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January $ 9,200 850 BOOK February 8, 860 770 March 9, 450 860 April 9, 860 970 Ask May 10, 240 1, 000 June 9, 650 950 Using the high-low method, the utilities cost for Barkoff associated with 1,030 machine hours would be: Multiple Choice O $10.330. O $10.290. O $10.140.Check my work 8 Trey. Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis: Scatter Regression Diagram Analysis Variable cost per unit sold $ 6.20 $ 6.60 Book Total monthly fixed cost $46, 000 $41, 500 Ask Trey is now preparing an estimate for monthly sales of 19.000 units. On the basis of the data presented, compute the most accurate sales forecast possible. Multiple Choice O $159,300. O $163,800. O $166,900. O $171,400.Check my work 9 Blaster, Inc. recently conducted a least-squares regression analysis to predict selling expenses. The company has constructed the following regression equation: Y = 340.000 + 8.35X. Which of the following statements is false if the primary cost driver is number of units sold?| Book Multiple Choice Ask O The company expects both variable and fixed selling expenses. O The company anticipates $340,000 of fixed selling expenses. O "X" represents the number of hours worked during the period. O For each unit sold, total selling expenses will Increase by $8.35. O "y" represents total selling expenses.Check my work 10 Corrine Corporation, which uses least-squares regression analysis, has derived the following regression equation for estimates of manufacturing overhead: Y = 510.000 + 6.40X. Which of the following statements is true if the primary cost driver is machine hours?| BOOK Multiple Choice Ask O Total manufacturing overhead is represented by the variable "X." O "X" represents the number of machine hours. O "X" Is commonly known as the dependent variable. O The company anticipates $510,000 of fixed manufacturing overhead. O The company anticipates $510,000 of fixed manufacturing overhead and "X" represents the number of machine hours
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