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Requirement 1 8.0 points possible (graded, results hidden) ||DON'T include the dollar ($) symbol or any other symbols in the answer input boxes, simply input
Requirement 1 8.0 points possible (graded, results hidden) ||DON'T include the dollar ($) symbol or any other symbols in the answer input boxes, simply input numbers.Il Hamzah Inc. reported the following information at the end of the first quarter of 2020, Sales $50633 Direct materials $9938 Direct labor $5487 Factory utilities (variable) $4995 Factory rent $7894 Sales staff salary $5258 Sales commission $2516 Office rent $3398 Answer the following questions (only input the numbers without any symbols or comma or other punctuation marks). (a) The total contribution margin is $ (b) The total net income at the end of the period is $ (C) The total selling and administrative expenses in the traditional approach income statement is $ (d) The total manufacturing costs in the traditional approach is $ Submit You have used 0 of 1 attempt Requirement 1 6.0 points possible (graded, results hidden) ||DON'T include the dollar ($) sign in the answer input boxes, simply input numbers.|| During the first two months of operations, i.e. January and February 2020, Hamzah Inc. produced 6728 and 8117 units of products respectively. Maintenance costs in those two months were $119087, $159477 respectively. The manager, Umar, initially considered maintenance to be a fixed cost, but by the end of the second month of operations, he realized that maintenance cost is probably a mixed cost. He is expecting production and sales to increase to 18093 in the month of March and as such wants a better prediction of maintenance cost. (a) Using the high-low method, the estimated variable maintenance cost per unit is $ (b) Using the high-low method, the estimated total fixed maintenance cost is $ (c) Using the answers from (a) and (b), the best estimate of maintenance cost for the month of March is $ Submit You have used 0 of 1 attempt Save
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