Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

fast please thank you XYZ company is studying the profitability of a change in operation and has gathered the following information Current Operation: Fixed Costs:

image text in transcribed

image text in transcribed

fast please thank you

XYZ company is studying the profitability of a change in operation and has gathered the following information Current Operation: Fixed Costs: $38,000, Selling Price: $16, Variable Cost: $10, and Sales (Units): 9,000. Anticipated Operation Fixed Costs: $48,000, Selling Price: $22. Variable Cost: $10, and Sales (Units): 6,000. Should XYZ company make the change? Select one O a. It is impossible to judge because additional information is needed. O b. Yes, the company will be better off by $8,000. c. No, because the company will be worse off by $8,000 O d. No, because sales will drop by 3,000 units e. No, because the company will be worse off by $24,000 Which methods to approximate cost function involves a detailed analysis of what cost behavior should be based on evaluation of the production methods to be used, the materials specifications, labor requirements, equipment usage, production efficiency, power consumption, and so on? Select one: O a high low method b. activity analysis, account analysis Oc: least-squares regression analysis O d. engineering approach e. None of the answers given XYZ Bakery bakes breads that are sold to local restaurants and grocery stores in Muscat. When 300 breads are baked, the average cost is $1.25 per bread. When 900 breads are baked, the average cost is $0.65 per bread. What is the total cost when 450 breads are baked? Select one: a $427.50 b. None of the answers given c. $56250 d $292.50 e $445.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Accounting

Authors: Timothy Doupnik, Hector Perera

3rd Edition

978-0078110955, 0078110955

More Books

Students also viewed these Accounting questions