Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 18 Not yet answered MFC Company collected the following production data for the past month. Units Produced Total Cost Marked out of 1.00 1,600

image text in transcribed

Question 18 Not yet answered MFC Company collected the following production data for the past month. Units Produced Total Cost Marked out of 1.00 1,600 $68,000 1,300 57,000 Flag question 1.100 49,500 1,500 67,500 If the high-low method is used, what is the monthly total cost equation? Select one: O a. Total cost = $9.900 + $36/unit O b. Total cost = $8,800 + $37/unit c. Total cost = $8,800 + $45/unit O d. Total cost = $16.500 + $30/unit Clear my choice Davidoff Camera sold 200 cameras in 2020 for a total of $30,000. The company incurred the following costs: Question 19 Not yet answered Marked out of 1.00 Flag question Direct Materials: 10,000 Direct Labour 5.000 Manufacturing Overhead: 2,000 Rent 2,500 Salaries 3,000 For every single camera that the company sells, how much did it add to it's total contribution margin? Select one: O a 37.50 O b. 50 O C. 65 O d. 150

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Padhukas Students Handbook On Auditing And Assurance Including Multiple Choice Questions For CA Inter

Authors: CA G. Sekar, CA B Saravana Prasath

18th Edition

9390303087, 978-9390303083

More Books

Students also viewed these Accounting questions

Question

1. List your top 10 film heroes.

Answered: 1 week ago

Question

Why do mergers and acquisitions have such an impact on employees?

Answered: 1 week ago

Question

2. Describe the functions of communication

Answered: 1 week ago