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Question 1 of 4 - 12.5 III View Policies Current Attempt in Progress Wildhorse Co. reports the following costs and account analysis classification for 13,600
Question 1 of 4 - 12.5 III View Policies Current Attempt in Progress Wildhorse Co. reports the following costs and account analysis classification for 13,600 car washing for the year ended December 31, 2016: Account Classification Amount Direct materials 100% variable $27,300 Direct labour 100% variable $40,800 Office support 30% variable $12,300 Utilities 20% variable $42,200 Rent 0% variable $42,600 Depreciation 0% variable $30,500 What is the variable cost per car wash? What is the total fixed cost for 13,600 car washing? Prepare the cost equation. (Round variable cost per car wash to 2 decimal places, e.g. 15.25 and other answers to 0 decimal places, e.g. 1,575.) Variable cost per car wash per car wash Total fixed cost $ Cost Equation: Total Cost $ $ x number of car washes What will be the total costs if Wildhorse has 17,900 car washing in 2017 (assuming no cost increases)? (Round answer to O decimal places, e.g 1,725.) Total Cost $ e Textbook and Media Assume that Wildhorse anticipates no change to the number of car washes from 2016 but anticipates the following changes in cost in 2018: Direct materials to increase by 3%. Direct labour to increase by 5%. Rent to increase by 5%. Depreciation to increase by 3%. What is the variable cost per car wash? What is the total cost for 16,600 car washing? Prepare the cost equation. (Round intermediate calculation and variable cost per car wash to 2 decimal places, e.g. 15.25 and other answers to 0 decimal places, e.g. 5,725.) Variable cost per car wash = $ per car wash Total fixed cost $ Cost Equation: Total Cost $ + $ + $ X II = $ $
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