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Hi can you please help me with these question please? Question 1: MKK manufactures and sells three products: X, Y, and Z. Annual fixed costs

Hi can you please help me with these question please?

Question 1:

MKK manufactures and sells three products: X, Y, and Z. Annual fixed costs are $215,250 and data about the three products follow for 2017.

X

Y

Y

Sales

$50,000

$80,000

$90,000

Variable cost

80,000

75,000

90,000

Required:

1)Determine the breakeven point

2)The management expects sales to increase by 9% in 2018. What is the expected operating income in 2018?

Question 2:

MKK makes electronic product for the RCMP. The following data is for the first six months:

Direct Labor Hours

Manufacturing Overhead

January

45,00

$295,00

February

20,000

$120,000

March

57,000

$33,000

April

52,000

$147,250

May

34,000

$78,200

June

25,000

$262,500

Required:

1)Use the high-low method to estimate the cost formula

2)Estimate the total overhead cost at an activity level of 48,000 machine hours, using the separate estimates you obtained for its components.

Question 3:

SHOPLITE has recently started to take the customer orders over the web site.Following is the past data for first six month:

Month

Customer Web site costs

Number of Web site hits

January

$8,760

11,600

February

$8,662

11,270

March

$9,132

11,720

April

$8,932

11,570

May

$8,320

11,500

June

$8,292

10,220

Required:

1)Using the high-low method, estimate the variable cost per Web site hit and the monthly fixed costs.

2)Determine the cost equation to estimate the customer Web site expenses for SHOPLITE Online.

3)If SHOPLITE expects 9,500 Web site hits for July, what are their anticipated costs for July?

Question 4:

MUKWANO and Company makes table COOKING OIL for the retailers around the world.Below is listed a number of activities and cost at MUKWANO Corporation. Please list the activities as one of the following: fixed, mixed, contribution, cost behavior, variable, curvilinear, account analysis, regression analysis.

1

Changes in cost, but not in direct proportion to changes in volume

2

Costs that do not change while changes in volume

3

Sales - Variable Expense

4

Cost changes as volume changes

5

Cost that changes while changes in volume

6

Cost behavior is not linear

7

Equation which expresses how a cost behaves

8

Procedure that uses all the historical data points

9

Utility charges per kilowatt plus monthly fee

10

Monthly rent charges

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