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please help with problems PROBLEM 10 Westinghouse Company manufactures major appliances. Beca successful year. In preparing the budget for the next year, its controller compiled

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PROBLEM 10 Westinghouse Company manufactures major appliances. Beca successful year. In preparing the budget for the next year, its controller compiled these data. use of growing interest in its product, it has just had its most Volume in Machine Hrs. Electricity Month July August September October November December 6-month Total Cost 6,000 5,000 4,500 4,000 3,500 3000 90,000 26,000 P 60,000 53,000 49,500 46,000 42,500 39.000 Using the high-low method, compute: 1. The variable cost per machine hour 2. The monthly fixed electricity costs 3. The total electricity costs if 4,800 machine hours are projected to be used next month PROBLEM 11 Johnson Corporation is preparing a flexible budget and desires to separate its electricity expense, which is semi-variable and fluctuates with total machine hours, into its fixed and variable components. Information for the first three months of is as follows: 2009 Month January February March Machine Hours 3,500 2,000 4,000 Electricity Expense P 31,500 20,000 35,600 Requirements 1. Compute the variable rate per machine hour. 2. Compute the fixed portion of Johnson's electricity expense. 3. Compute the total manufacturing costs if Johnson's actual machine hours are 4,500. ours. ate the fixed and variable portion of overhead costs based PROBLEM 13 Hardee Company sells a single product. The selling price is $30 per unit an company's most recent annual income statement is given below: Sales (4,500 units) Less variable expenses Contribution margin Less fixed expenses $ 135,000 81,000 54,000 48,00 6,000 Net Income Requirements: Compute for the following: 1. Contribution margin per unit$ 2. ratio 3. Break-even point in sales dollars $ 4. Break-even point in units sold_ 5. How many units must be sold next year to double the company's profits? 6. Company's degree of operating leverage 7. Sales for next units units year (in units) are expected to increase by 5 percent. Using the operating leverage concept, net income requirement #7 by preparing a contribution income statement showing a 5 percent increase in should increase by? Verify your answer to sales 8. Sales units) Less variable expenses ( Contribution margin Less fixed expense units) . . . Net Income

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