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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
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 0-1,900 units, and monthly production costs for the production of 1,500 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Total Cost Direct materials $2,100 Direct labor 7,700 Utilities ($120 fixed) 650 Supervisor's salary 3,400 Maintenance -($260 fixed) 550 Depreciation 800 E5-4 (Algo) Determining Cost Behavior and Calculating Expected Cost [LO 5-1) 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 0-1900 units. Enter answer as an equation in the form of y = a + bx. 4. Calculate Morning Dove's expected total cost if production increased to 1700 units per month. Enter answer as an equation in the form of y = a + bx Complete this question by entering your answers in the tabs below. Required: 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) Rate Production Costs Direct Materials Direct labor Utilities Behavior Variable Variable Mixed Fixed Mixed per Unit per Unit per Unit per Unit per Unit por Unit por Month per Month per Month per Month per Month per Month Supervisor's Salary Maintenance Depreciation Foxed 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 0-1,900 units, and monthly production costs for the production of 1,500 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Total Cost Direct materials $2,100 Direct labor 7,700 Utilities ($120 fixed) 650 Supervisor's salary 3,400 Maintenance -($260 fixed) 550 Depreciation 800 E5-4 (Algo) Determining Cost Behavior and Calculating Expected Cost [LO 5-1) 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 0-1,900 units. Enter answer as an equation in the form of y = a + 4. Calculate Morning Dove's expected total cost if production increased to 1700 units per month. Enter answer as an equation in the form of y* +bx bx. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 *** Determine the total fixed cost per month and the variable cost per unit for Morning Dove. (Round your intermediate calculations and variable cost per unit to 2 decimal places.). Total Variable Cost per Unit Total Fixed Cost per Month E5-4 and E5-5 [LO 5-1, 5-5) 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 0-1,900 units, and monthly production costs for the production of 1,500 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Total Cost Direct materials $2,100 Direct labor 7,700 Utilities ($120 fixed) 650 Supervisor's salary 3,400 Maintenance ($260 fixed) Depreciation 800 550 E5-4 (Algo) Determining Cost-Behavior and Calculating Expected Cost [LO 5-1) 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 0-1,900 units. Enter answer as an equation in the form of y = a + 4. Calculate Morning Dove's expected total cost if production increased to 1,700 units per month. Enter answer as an equation in the form of y = a + bx bx. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 State Morning Dove's linear cost equation for a production level of 0-1,900 units. Enter answer as an equation in the form of y = a + bx. (Round your intermediate calculations and variable cost per unit to 2 decimal places.) Total Cost 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 0-1,900 units, and monthly production costs for the production of 1,500 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Production Costs Total Cost Direct materials $2,100 Direct labor 7,700 Utilities ($120 fixed) 650 Supervisor's salary 3,400 Maintenance (5260 Fixed) 550 Depreciation 800 E5-4 (Algo) Determining Cost-Behavior and Calculating Expected Cost [LO 5-1) Required: 1. Identify each cost as variable, fixed, of 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 0-1,900 units. Enter answer as an equation in the form of y=a+ 4. Calculate Morning Dove's expected total cost if production increased to 1700 units per month. Enter answer as an equation in the form of y a box box Complete this question by entering your answers in the tabs below. Required Required 2 Required Required 4 Calculate Morning Dove's expected total cost if production increased to 1,700 units per month. Enter answer as an equation in the form of a + bx. (Round intermediate calculations and variable cost per unit to 2 decimal places.)
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