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Hello, can someone please help me. I'm new to accounting and i'm having lots of trouble. i would really appreciate your help Problem 6 -

Hello, can someone please help me. I'm new to accounting and i'm having lots of trouble. i would really appreciate your help

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Problem 6 - 5 Identifying Cost Behaviour Patterns ( LOT - CC1, 2, 3, 6 ) A number of graphs displaying cost behavior patterns are shown below . The vertical axis on each graph represents total cost and the horizontal axis represents the level of activity ( volume ) . 2 3 41 5. 6 7 8 4 10Required: 1. For each of the following situations, identify the graph above that illustrates the cost pattern involved. A graph may be used more than once. a. Cost of raw materials used. b. Electricity billa at xed charge. plus a variable cost after a certain number of kilowatthours are used. c. City water bill, computed as follows: First 1.000.000 litres or less 0 1.300 at fee Next 10.000 litres 0.005 per litre used Next 10.000 litres 0.000 per litre used Next 10.000 litres 0.011 per litre used d. Depreciation of equipment. where the amount is computed by the straightline method. When the depreciation rate was established. it was anticipated that the obsolescence factor would be greater than the wearandtear factor. e. Rent on a factory building donated by the city, wherein the agreement calls for a xed fee payment unless 020.000 labourhours or more are worked. in which case no rent need be paid. f. Salaries of maintenance workers. where one maintenance worker is needed for every 0,000 machine hours or less {i.e.. 0 to 0.000 machinehours requires six maintenance worker, 0.001 to 10.000 machine hours requires twelve maintenance workers. etc.]. g. Cost of raw materials. where the cost starts at $0 per unit and then decreases by T cents per unit for each of the rst 100 units purchased, after which it remains constant at $2 per unit. h. Rent on a factory building donated by the city, where the agreement calls for rent of 0450.000 less 00 for each direct labourhour worked in excess of 200.000 hours, but a minimum rental payment of 030.000 must be paid. i. Use of a machine under a lease. where a minimum charge of $2,000 is paid for up to 000 hours of machine time. After 000 hours of machine time. an additional charge of $4 per hour is paid up to a maximum charge of $4,000 per peliod.

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