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Each of the charts below shows a relationship between costs or revenues (on the vertical axis) and production volume (on the horizontal axis). This
Each of the charts below shows a relationship between costs or revenues (on the vertical axis) and production volume (on the horizontal axis). This relationship is known as cost behavior. Indicate which chart best fits the costs or situations described below and provide a short explanation. Note that some charts may be used more than once and others never. Sometimes two charts may fit one item, sometimes no chart may be appropriate. 1 6 7 11 3 12 8 9 13 10 14 15 Direct material costs Chart number: Enter your answer here Explanation: Enter your answer here Supervisor's salary Chart number: 14 Explanation: Enter your answer here Electricity costs for a bread packing machine in a bakery Chart number: Enter your answer here Explanation: Enter your answer here I Cost of direct hourly labor with a surcharge of 100% for overtime Chart number: Enter your answer here Explanation: Enter your answer here Cost of raw materials charged at $10 per unit for the first 50 units, $7 per unit for the next 50 units, and $4 per unit for any additional units Chart number: Enter your answer here Explanation: Enter your answer here El Depreciation of plant, calculated on a straight-line basis Chart number: Enter your answer here Explanation: Enter your answer here Electricity costs for a bakery based on a fixed annual charge plus a charge for every kWh (kilowatt hour) used Chart number: Enter your answer here Explanation: Enter your answer here Incentive plan that pays workers an additional $5 for every unit produced above some level of production Chart number: Enter your answer here Explanation: Enter your answer here I Cost of a data transmission service that charges for the first 15,000 minutes of use at a constant rate per minute and is free for any additional minutes of transmission time Chart number: Enter your answer here Explanation: Enter your answer here
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The detailed answer for the above question is provided below Direct material cost Chart Number 1 Direct material cost is a variable costThe cost of materials increases as the level of production incre...Get Instant Access to Expert-Tailored Solutions
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