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Subject:MANAGERIAL ACCOUNTING APP TOPIC Topic 2: Cost Behavior Topic 3: Job Order Costing ASSIGNMENT Direction/Guidelines: DIRECTION & 1. This is an individual assignment where every
Subject:MANAGERIAL ACCOUNTING
APP TOPIC Topic 2: Cost Behavior Topic 3: Job Order Costing ASSIGNMENT Direction/Guidelines: DIRECTION & 1. This is an individual assignment where every student has to submit. REQUIREMENT/S 2. Answer the requirement for each problem. (Identify the ILOS 3. Present your solution after each requirement or question. to be assessed at 4. Submission deadline:Please see the deadline in moodle the end of each 5. Write your section, student ID, class time, date and name in the spaces requirement. allotted above. Include the rubric or marking scheme for each Question 1 item/requirement.). A company needs to know the expected amount of factory overheads cost it will incur in the following month. Factory total cost in the previous three months was as follows: PUnits -Total Coste Pane -2,300- $29,600- -Feb- -1,500 $28,000- -Mare 42,000- $28,500- Company expects to produce 10,500 units in April and 4,600 in May. 1. Determine the change in level of units produced. (2 marks) 2. Determine the change in level of the mixed costs. (2 marks)- 3. Compute the variable cost per unit. (2 marks) 4. Compute the total fixed cost. (2 marks) 5. Calculate the expected factory overhead cost in April and May using the High-Low method. (4 marks) (Marking Scheme: 1 mark for the correct answer and 1 mark for the solution for each. (6X2 Marks = 12 Marks)Step by Step Solution
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