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I need help with parts 2-4. I'm calculating something wrong, but I have the first part correctly filled out. Thank you for your help! Required
I need help with parts 2-4. I'm calculating something wrong, but I have the first part correctly filled out. Thank you for your help!
Required Information Morning Dove Company manufactures one model of birdbath, which is very popular. Morning Dove sells all units It produces each month. The relevant range is 0-1,700 units, and monthly production costs for the production of 1,300 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Direct materials Direct labor Utilities ($120 fixed) Supervisor's salary Maintenance ($250 fixed) Depreciation Total Cost $ 2,500 6,989 600 2,800 520 880 Required: 1. Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove. 3. State Morning Dove's linear cost equation for a production level of 0-1,700 units. Enter answer as an equation in the form of y = a + 4. Calculate Morning Dove's expected total cost of production Increased to 1,500 units per month. Enter answer as an equation in the form of y = a + bx. bx. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). (Round your per unit value to 2 decimal places.). Production Costs Behavior Rate Direct Materials Variable IS 1.92 IS 0 Direct labor Variable $ 5.30 $ 0 per Month per Month per Month Utilities Mixed IS 0.36 IS 120 OOOO per Unit per Unit per Unit per Unit per Unit per Unit Fixed Supervisor's Salary per 0.00 IS $ 2,800 >> Maintenance Mixed $ 0.20 IS 250 OOO Month per Month per Month Depreciation Fixed IS 0.00 $ 800Step by Step Solution
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