3. FedExpress has the following information about its truck fleet miles and operating costs: Year                         Miles                              Operating 2017                       400,000                           $256,000 2018                       480,000                           $280,000 2019                       560,000                            $320,000 What is the best estimate of total costs using the high-low method if the expected fleet mileage for 2020 is 500,000 miles? A. $288,000. B. $296,000. C. $256,000. D. $320,000. Give workings for your answer

Q: (c) What is the contribution margin ratio? Contribution margin ratio What is the margin of safety in…

A: Given in the question: Sales Quantity 2500 Barrels Unit Selling Price $40 Per unit…

Q: If fixed costs are $1,472,000, the unit selling price is $236, and the unit variable costs are $110,…

A: Number of units that are to sold for desired profit means number of units at which business is…

Q: A product sells for $400 per unit and its variable costs per unit are $260. The company’s fixed…

A: Answer:   Option c

Q: 14) Sophie Corporation recently produced and sold 107,000 units. Fixed costs at this level of…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Eva Freight Forwarding Company has estimated the following amounts for its next year: Total fixed…

A: Breakeven point is that point at which business is recovering its fixed costs and variable costs…

Q: Q1- You have the following data for the four products (A,B,C,D): PRODUCT VARIABLE FIXED TOTAL NET…

A: Contribution margin = Sales revenue – Variable cost Contribution margin ratio = CM / sales revenue…

Q: For XYZ Company, how many units of their product would have to be sold to yield a target operating…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: For Sheridan Company, sales is $1400000 (7000 units), fixed expenses are $480000, and the…

A: The margin of safety is that part of the total sales that exceed the Breakeven Sales of an…

Q: For XYZ Company , how many units of their product would have to be sold to yield a target operating…

A: Contribution margin per unit = sales - variable costs = 60 - 50 = $10 per unit

Q: Assume the local DHL delivery service hub has the following information available about fleet miles…

A: Annual cost refers to an expense that is being incurred for operating the business either as…

Q: Q1. A company is Selling price per unit = cost per unit = 40 S. Find: 1. Find the number of unit to…

A: Contribution margin per unit = Selling price per unit - Variable cost per unit

Q: For XYZ Company, how many units of their product would have to be sold to yield a target operating…

A: In order to arrive at the sales required to be made for earning desired/ targeted amount of income,…

Q: Provide what is being asked for. If you cant open the picture in each question, refer to this table.…

A: The variable costs change as number of units change.  The fixed costs remain same , no matter the…

Q: For Waterway Industries at a sales level of 4000 units, sales is $83000, variable expenses total…

A: The Contribution Margin (CM) per unit is the difference between Sales per unit and Variable Cost per…

Q: Question: Estimate average cost per unit as per life cycle costing

A: Life cycle costing includes all the costs that are incurred over the lifespan of an investment…

Q: Q4 Bundoora Enterprises operates a single-product entity. Data relating to the product for 2020 were…

A: Break Even Point (BEP) :— It is volume of production at where total cost is equal to total revenue.…

Q: Question 3: Sohar Company's financial information is given in the table below. Sales (OMR) Fixed…

A: The contribution is determined by subtracting the variable cost from the sales. And then profit is…

Q: Fixed selling and administrative expenses The company has a desired ROI of 25%. It has invested…

A: Requirement:-a Calculation of Total cost per unit as follows:- Total cost per unit =All variable…

Q: 31) Beta has three products, A, B, and C. The following information is available: C $24,000 9,000…

A: The term "operating income" refers to the money that remains after all operational expenditures and…

Q: What is the best estimate of total operating costs if the expected fleet mileage 2019 is 482,000…

A: Answer: The operating costs for the miles has been given for year 2016,2017 and 2018.

Q: Company D is planning to perform an ABC analysis for its products. An information table is given…

A: ABC analysis is an inventory control method which include categorizing of items used in production…

Q: If fixed costs are $1,334,000, the unit selling price is $240, and the unit variable costs are $109,…

A: Desired Sales = (Desired Income + Fixed Costs) / (Selling Price - Variable Costs)

Q: For XYZ Company, how many units of their product would have to be sold to yield a target operating…

A: Contribution margin per unit = sales - variable costs = 65 - 50 = $15 per unit

Q: For Waterway Industries at a sales volume of 5000 units, sales revenue is $67000, variable costs…

A: The variable costs are the costs that change with the change in the level of production. The…

Q: Assume a sales volume of 9120 units, unit selling price of $18, unit variable cost of $10, and total…

A: The question is based on the concept of Cost Accounting.  The sale over and above the break even…

Q: Question 3: Sohar Company's financial information is given in the table below. Sales (OMR) Fixed…

A: The break even sales are calculated as fixed cost divided by CM ratio.

Q: Assume the following (1) selling price per unit = $25, (2) variable expense per unit = $13, (3) unit…

A: Contribution margin: The difference between the sales and the variable costs is called contribution…

Q: For XYZ Company, how many units of their product would have to be sold to yield a target operating…

A: Formula: Required units = [ ( Fixed cost + Target profit ) / Contribution margin per unit ]…

Q: If the selling price per unit is $80, the variable expense per unit is $40, and total fixed expenses…

A: Formula: Break even sales dollars = Break even units x Sales price per unit

Q: X Company had the following information available for 2020: Number of units sold 32,000 units…

A: Managerial accounting is the accounting method used by the business for its proper internal control…

Q: I Question 3: Sohar Company's financial information is given in the table below. Year 2019 Sales…

A: Formulas -  sales - variable cost = contribution P/V ratio = (contribution / sales )* 100 BEP =…

Q: Total costs are $140 000 when 10 000 units are made. Of this amount, variable costs are $4 per unit.…

A: The answer for the multiple choice question and relevant working are presented hereunder : Total…

Q: Compute for what is being asked 1. Unit selling price P800 unit variable cost P350 annual sales…

A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…

Q: Total costs are $180,000 when 10,000 units are produced; of this amount, variable costs are $64,000.…

A: Calculation of fixed cost is as follows: