February Use the information to the Presented below is the production data for the first times of the year for the mixed.com incurred by London Company Month Cost Units January 573.350 12.00 000 9.000 March 97.00 15.000 April 132.600 22.500 May 87.000 14.400 Pune 110,000 19.500 London Company to the high-low method to analyze mixed cost The cost function would the stated as y = 56,600.55.60) by = $53,448 50 72 ) y 5160856.126) dy SH 17,750 - 50.66 14 135 The total cost at an operating level of 15,000 units would be a $93,408 b. $127.650 c. 564,248 d 590,600 36 . Wilson Company has annual fixed cost equal to $340,000. It sells one kind of product for $100. It has a contribution margin percentage equal to 40 percent. Its breakeven point in units is 3,400 b. 5.666 c. 8.500 d. none of the above 37 There was no beginning work in process inventory and no ending work in process inventory Direct materials are added at the beginning of the production process. Under the weighted average process costing method, the number of equivalent units for direct materials is a. equal to the units started and transferred in b. equal to the units completed e less than the units completed d. both answer a and b are correct 38 a A variance is considered to be the required number of inputs for one unit of output b. the difference between an actual result and a budgeted amount c. actual costs plus budgeted costs d. all of the above 7