Question 9 2 pts As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Using the least squares method, the average rate of variability per kilo of materials used is Round off to two decimal places along the computation. Round off final answer to two decimal places Question 10 2 pts As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Using the high-low points method, the variable cost of operations per kilo of materials used is 8 per kilo Question 11 2 pts As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Using the same high-low points method, the fixed cost of operations is 2 pts Question 12 As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Using High low method. What is the cost function of the costs of operation? O y=160+8(x) O y=160(x)+180 x=8(y)+160 Question 13 2 pts As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Using the least square method, the fixed portion of the cost is Round off to two decimal places along the computation. Round off final answer to two decimal places Question 14 2 pts As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Assuming 150 kilos of material usage is expected to occur next month, how much will be the estimated operations cost based on the cost function generated from high-low method? Question 15 2 pts As part of a cost study, the cost accountant of Shinly Corporation has recorded the cost of operations at seven different levels of materials usage. The records show the following: Kilos of materials Costs of operation 80 P800 60 P480 20 P320 120 P1, 200 140 P1, 280 40 P480 100 1040 Assuming 98 kilos of material usage is expected to occur next month, how much will be the estimated operations cost based on the cost function generated from least square method? Round off to two decimal places along the computation. Round off final answer to two decimal places Question 16 2 pts 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 2013 is as follows: Machine hours Electricity Expense January 1,520 P36,375 February 1,250 P38,000 March 1,750 P41,750 April 1,600 P42,360 May 2,350 P55,080 Compute the fixed portion of Johnson's electricity expense using least square method Round off to two decimal places along the computation. Round off final answer to two decimal places Question 17 2 pts 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 2013 is as follows: Machine hours Electricity Expense January 1,520 P36,375 February 1,250 P38,000 March 1,750 P41,750 April 1,600 P42,360 May 2,350 P55,080 Requirements: Using the least square method, Compute the variable rate per machine hour. Round off to two decimal places along the computation. Round off final answer to two decimal places Question 18 2 pts 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 2013 is as follows: Machine hours Electricity Expense January 1,520 P36,375 February 1,250 P38,000 March 1,750 P41,750 April 1,600 P42,360 May 2,350 P55,080 using least square method Compute the total electricity cost if actual machine hours is 3,300 for the next month Round off to two decimal places along the computation. Round off final answer to two decimal places
