Question
Need help with shipping expense, where have I gone wrong here: Because shlpplng expense Is mlxed cost. the company needs to estlmete the vorlable shlpplng
Need help with shipping expense, where have I gone wrong here:
Because shlpplng expense Is mlxed cost. the company needs to estlmete the vorlable shlpplng expense per unlt sold and the fixed shlpplng expense per quarter uslng the followlng daw Shipping Mllden Company Is a dlstrlOu10r wants to sterl uslng contrlbutlon format Income statement for plannlng purposes. The company has analyzed Its expenses and developed the followlng cost formulos: sold units Sold tabs b I 2 t for shlpp Va ria cost cost cF gccd Shipping e Sze Per Sljg,ege per SZ of sales sge,eeg per SS, gee per sse,eeg per First Fourth Fourth Requlred: IS, egg 18, egg 23, egg lg,eeg 11, egg 2e,eeg 2S, egg 22, egg s Ise,eeg 1 'S,eeg 211,eeg lge,eeg 17e,eeg S 18S,eeg 22,eeg s 208,eeg 1. Lislng the inlgh-lovv method. estlmate a cost formula for sinlpplng expense In form Y =a bX 21n the first quarter of Year 3, th Income statement for the quarter Complete this question by entering your the using the high-Imu method, per unit to 2 decim s (87.cc.0) est. in Y E + bx. (Rou nd the
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started