Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required information E5-4 and E5-5 [LO 5-1,5-5) Morning Dove Company manufactures one model of birdbath, which is very popular, Morning Dove sells all units it

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Required information E5-4 and E5-5 [LO 5-1,5-5) Morning Dove Company manufactures one model of birdbath, which is very popular, Morning Dove sells all units it produces each month. The relevant range is 0-2,000 units, and monthly production costs for the production of 1,600 units follow. Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses. Total Cost $1,900 6.900 Production costs Direct materials Direct labor utilities ($120 fixed) Supervisor's salary Maintenance ($330 fixed) Depreciation 630 3,300 500 BOO E5-4 (Algo) Determining Cost Behavior and Calculating Expected Cost (LO 5-1) Required: 1. Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove, 3. State Morning Dove's linear cost equation for a production level of 0-2000 units Entet answer as an equation in the form of y. bx 4. Calculate Morning Dove's expected total cost if production increased to 1.800 units per month. Enter answer as an equation in the form ofyabx Required: 1. Identity each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove. 3. State Morning Dove's linear cost equation for a production level of 0-2,000 units. Enter answer as an equation in the form of y=a. bx 4. Calculate Morning Dove's expected total cost if production increased to 1800 units per month. Enter answer as an equation in the form of y-abox Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). (Round your per unit value to 2 decimal places.) Behavior Rate Production Costa Direct Materials per Unit per Unit Der Unit per Month per Month Der Month Fixed Direct labor Utilities Supervisor's Salary Maintenance Depreciation per Unit Mixed per Unit per Unit per Month per Month per Month Variable Required 2 > Required: 1. Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit for combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove. 3. State Morning Dove's linear cost equation for a production level of 0-2,000 units. Enter answer as an equation in the form of ya 4. Calculate Morning Dove's expected total cost if production increased to 1,800 units per month. Enter answer as an equation in the form of y=a + bx bx. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total fixed cost per month and the variable cost per unit for Morning Dove. (Round your intermediate calculations and variable cost per unit to 2 decimal places.) Total Variable Cost per Unit Total Fixed Cost per Month Required information Required: 1. Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove. 3. State Morning Dove's linear cost equation for a production level of 0-2,000 units. Enter answer as an equation in the form of y bx 4. Calculate Morning Dove's expected total cost if production increased to 1.800 units per month. Enter answer as an equation in th form of y = a + bx Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 State Morning Dove's linear cost equation for a production level of 0-2,000 units. Enter answer as an equation in the form of y a + bx. (Round your intermediate calculations and variable cost per unit to 2 decimal places.) Total Cost Required: 1. Identify each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). 2. Determine the total fixed cost per month and the variable cost per unit for Morning Dove. 3. State Morning Dove's linear cost equation for a production level of 0-2,000 units. Enter answer as an equation in the form of 4. Calculate Morning Dove's expected total cost of production increased to 1,800 units per month. Enter answer as an equation form of y = a + bx bx Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate Morning Dove's expected total cost if production increased to 1,800 units per month. Enter answer as an equation in the form of y = a + bx. (Round Intermediate calculations and variable cost per unit to 2 decimal places.) a b

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

Step: 3

blur-text-image

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

Business Analysis With Microsoft Excel

Authors: Conrad Carlberg

3rd Edition

0789736640, 9780789736642

More Books

Students also viewed these Accounting questions