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I need the step solution for 4 and 5. Thank you!! Use the information below to answer the following two questions: Chamomile Inc. is a
I need the step solution for 4 and 5. Thank you!!
Use the information below to answer the following two questions: Chamomile Inc. is a manufacturing company whose total manufacturing overhead costs fluctuate somewhat from month to month according to the number of machine-hours worked in its production facility. These costs for the last four months in 2019 are given below. Machine-hours Total manufacturing overhead September 6,500 $ 62,500 October 9.000 $ 70.500 November 5,000 55.000 December 10.000 $ 70.000 The manufacturing overhead costs above consist of rent, maintenance, and utilities. The company has analyzed these costs at the 5.000 machine-hours level of activity as follows: Rent (fixed) Maintenance (mixed) Utilites (mixed) Total factory overhead costs 30.000 14.500 1->10,90 55000 The company also found that the fixed maintenance cost in November was $4,500 5 The company expects that it will work for 7,000 machine-hours in January 2020. Using the high-low method, how much is the estimated utilities cost in January 2020? (Round to the nearest dollars.) A $12.500 B $14.250 C. $14,700 D. $61.000 E. None of the above the information below tower the following two questions Ginger Company's relevant range of production is 5.00 units to 13.000 units. When it produces and sells 10,000 units, its average costs per unit are as follows Average Cost $ 480 $ 150 $ 3.00 Direct materials Director VariNe manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative sense Sales como Variable administrative Expen $250 $ 1.00 $10.50 3 1 12.500 units are produced, what is the manufacturing overhead cost per unit incurred to support this level of production? A $3.44 per unit MOH cost + - Omanla y.m.o + F.M.0 B $3.70 per unit C $4.30 per unit Perlshit D $12.00 per unit E None of the above = $1.30 X 12,500 + $ 3.00 X 10,000 $ 16,252 +20,000 $ 46,250 $3.70 HO m:0.1H = M.OH Per Ilnit - $46,250 2.500 4 1 12 500 units are produced and sold, the company will incur 560.000 in total period costs. How much is the variable administrative expense per unit? 2000 A $0.20 per unit B $0.80 per il c. $150 per unit D. $2.00 per unit E Nome of the above - H+ - hd Page 4 of 12
I need the step solution for 4 and 5. Thank you!!
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