The Refining Department of Sweet Sugar Inc. had 55,000 tons of sugar to account for in December. Of the 55,000 tons, 45,000 tons were completed and transferred to the Boiling Department, and the remaining 10, 000 tons were 60% complete. The materials required for production are added at the beginning of the process. Conversion costs are added equally throughout the refining process. Calculate the total equivalent units of production for conversion costs.

A) 6,000 units

B) 45,000 units

C) 51,000 units

D) 55,000 units

Anthony Company has fixed costs of $30,000 per month. Highest production volume during the year

was in January when 100,000 units were produced, 75,000 units were sold, and total costs of $630,000

were incurred. In June, the company produced only 55,000 units. What was the total cost incurred in

June?

A) $480, 000

B) 360, 000

C) $630, 000

D) $830,000

Anthony Company's highest point of total cost was $75,000 in June. Their point of lowest cost was

$50,000 in December. The company makes a single product. Production volume in June and December

were 13,000 and 8,000 units, respectively. What is the fixed cost per month?

A) $50,000

B) $20,000

C) $10,000

D) $8,000

The relevant range of Orleans Company is between 100,000 units and 180,000 units per month. If the

company produces beyond 180,000 units per month:

A) the fixed costs will remain the same, but the variable cost per unit may change.

B) the fixed costs may change, but the variable cost per unit will remain the same.

C) the fixed costs and the variable cost per unit will not change.

D) both the fixed costs and the variable cost per unit may change

The phone bill for an accounting firm consists of both fixed and variable costs. Refer to the 4-month

data below and apply the high-low method to answer the question.

January 460 - $3000

February 200 - $2675

March 160 - $2625

April 300 - $2800

If the company uses 380 minutes in May, how much will the total bill be?

A) $2,425

B) $2,478

C) $2,900

D) $3767