Question
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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