Answered step by step
Verified Expert Solution
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
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
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