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POI inc is in the business of wireless super keyboard to be used in Super computers in an Astronaut ageny. The following data is supplied
| POI inc is in the business of wireless super keyboard to be used in Super computers in an | ||
| Astronaut ageny. The following data is supplied by the accountant of POI inc | ||
| Month | # of Keyboards | Total |
| sold | Cost | |
| 1 | 220 | $ 150,000 |
| 2 | 270 | $ 200,000 |
| 3 | 280 | $ 210,000 |
| 4 | 300 | $ 250,000 |
| 5 | 350 | $ 265,000 |
| 6 | 700 | $ 450,000 |
| 7 | 500 | $ 320,000 |
| 8 | 570 | $ 350,000 |
| 9 | 500 | $ 340,000 |
| 10 | 490 | $ 330,000 |
| 11 | 230 | $ 150,000 |
| 12 | 400 | $ 275,000 |
| Solve by Least-squares Regression Method ONLY AND COMPUTE THE FOLLOWING | ||
| Requirements: | ||
| (i) Variable cost per Keyboard= $ | ||
| (ii) Fixed cost per month = $ | ||
| (iii) Semi Variable costs per month = $ | ||
| (iv) Semi Fixed costs per month = $ | ||
| REMEMBER NOT TO SOLVE BY HIGH-LOW METHOD | ||
| I ALREADY GOT INCORRECT ANSWERS | ||
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Glencoe Accounting
Authors: McGraw-Hill
1st Edition
0021400881, 9780021400881
