Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The CW43845 company uses direct labor-hours as its activity measure for overhead cost Shown below are direct labor-hours and total overhead costs for the first
The CW43845 company uses direct labor-hours as its activity measure for overhead cost Shown below are direct labor-hours and total overhead costs for the first half of the year: 01006 Jan Feb Mar Apr May Jun Direct labor-Hours 150,000 140,000 160,000 100,000 170,000 200,000 Overhead Cost $339,000 $328,000 $ 350,000 $260,000 $362,500 $400,000 Assume that the relevant range Includes all of the activity levels for the CW43845 company given in this problem. If CW43845 expects to Incur 181,000 direct labor hours next month, what will the estimated total overhead cost be using the high-low method? (Round your Intermediate calculations to 2 decimal places.) Multiple Choice S372,400 O 5373.900 O $373,400 O Google Chrome The EV17856 company has provided the following cost, price, and sales del s Per Unit 236 52 Selling price Variable expenses Contribution margin 184 The EV17956 company is currently selling 7,500 units per month. Fixed expenses are $984,000 per month. The marketing manager would like to cut the selling price by $26 and increase advertising spending by $54,000 per month. The marketing manager predicts that these changes would increase monthly sales quantity by 20% What would be the owerall effect on the EV17856 company's monthly net operating income of this change? (Note: A POSITIVE number indicates an INCREASE in net operating income, and a NEGATIVE number indicates e DECREASE in net operating incomel Multiple Choice -15,768 dolers 3.52 della -11,440 dollars -31,200 dollers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started