Question
Supply costs at DiMartino Corporation's chain of gyms are listed below: Management believes that supply cost is a mixed cost that depends on client-visits. Using
Supply costs at DiMartino Corporation's chain of gyms are listed below: Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to: A. $2.44 per client-visit; $28,623 per month B. $1.33 per client-visit; $12,768 per month C. $0.79 per client-visit; $19,321 per month D. $0.75 per client-visit; $19,826 per month
Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to: A. $2.44 per client-visit; $28,623 per month B. $1.33 per client-visit; $12,768 per month C. $0.79 per client-visit; $19,321 per month D. $0.75 per client-visit; $19,826 per month
The Paul Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 10,000 units, 100% complete with respect to materials and 70% complete with respect to labor and overhead. If the costs per equivalent unit are $4.50 for the materials and $2.00 for labor and overhead, the balance of the ending work in process inventory account would be: A. $44,500 B. $50,500 C. $59,000 D. $65,000
Client-VisitsSupply Cost March April May June 1,647 11,443 11,975 12,088 11,707 11,193 11,987 11,678 11,826 $28,561 $28,395 $28,819 $28,892 $28,622 $28,221 $28,820 $28,578 $28,703 July August Septembe. October. NovemberStep by Step Solution
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