60.000 units$75,000$120,000$65,00090,000 units$75,000$180,000$80,000$335,000Cost ACost BCost C$260,000Total CostscostCost C is aО А. fixedО В. mixedO C. variableO D. sunk

Variable cost is the cost that changes with the change in production levels. It is directly…

Answered: 60.000 units $75,000 $120,000 $65,000…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Cost A Cost B Cost C Total Costs Cost B is a A. Fixed B. variable C. Mixed D. sunk 60,000 units 90,000 units $75,000 $75,000 $120,000 $180,000 $65,000 $80,000 $260,000 $335,000 cost. Why?
$100,000 80,000 60,000 40,000 20,000 0 Cost-Volume-Rofit Graph Multiple Choice O F 1.000 2.000 3.000 Refer to the figure above. Line A is the: variable cost line. total revenue line. total cost line. H fixed cost line. profit line. D m B 4.000 5.000 Units
#15
(e) Product Blue Product Red £ £Selling £12.00 £24.00Variable cost £ 4.00 £ 8.00Contribution margin £ 8.00 £16.00Fixed costs apportioned £200,000 £400,000Budgeted Sales Units 140,000 60,000Required:Calculate the breakeven points, for each product and the company as a wholeand comment on your findings
A7 please help.......
1. 2₁ 3. $ Unit Selling Price $410 $520 (e) $ $ Unit Variable Costs $328 (c) (f) $ Unit Contribution Margin $234 $327 (a) Contribution Margin Ratio 30 % (b) % (d) %
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Raytherm makes heat shrinkable tubing for the electronics industry. The following standards have been developed by the industrial engineering department of Raytherm for 1/4 inch heat shrinkable tubing: Raw Material Standard: Irradiated polyethylene plastic: .1 ounces per foot of tubing at 5 cents per ounce ($.80 per pound). Direct Labor Standard: .001 hours per foot at $25 per hour including benefits. During the month 900,000 feet of tubing was produced and the following costs were incurred: Actual raw material purchased: 12,250lbs (196,000oz) for a total cost of $9,500. Actual raw material used; 6,225 lbs (99,600oz) Actual direct labor incurred: Direct labor hours incurred: 980 Total payroll cost including benefits: $26,700 Required: Use the following equations to calculate the following variances: PPV (AP-SP)AQP MUV=(AQ-SQ)SP LRV=(AR-SR)AH+ LEV=(AH-SH)SR
Introduction te X Math Fundam x O The Finance St X Foundations o x C Seafood - Eat X G Wakefield, Rhc X Login A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false CengageNOW Chapter 17 Homework eВook Show Me How Costs per Equivalent Unit The following information concerns production in the Baking Department for December. All direct materials are placed in process at the beginning of production. ACCOUNT Work In Process-Baking Department ACCOUNT NO. Date Item Balance Debit Credit Debit Credit Dec. 1 Bal., 8,700 units, 2/5 completed 19,140 31 Direct materials, 156,600 units 297,540 316,680 31 Direct labor 82,180 398,860 31 Factory overhead 46,220 445,080 31 Goods finished, 158,700 units 428,316 16,764 31 Bal., ? units, 4/5 completed * 16,764 a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit answers to the nearest cent. 1. Direct materials cost per equivalent unit 2. Conversion cost…
Which of the following costs are NOT variable? Cost 2. 1. $100,000 $300,000 3. 10,000 Units 4. 40,000 90,000 50,000 30,000 Units O 1 and 4 O only 1 O 1 and 2 O only 3 240,000 90,000 150,000
W. Region E. Region Stock Inc. Darby Corp $ Cost of goods sold 590,000 1,050,000 301,000 200,000 + Operating income (loss) + $ + $ + Cust-level oper. costs 54,110 50,670 35,250 29,600 Total = Total customer-level costs 644,110 1,100,670 336,250 229,600 = || || GA GA CA Now prepare a customer-cost hierarchy report. (Use parentheses or a minus sign to enter an operating loss. Abbreviations used: W. = West; E. = East; Dist. = Distribution; oper. = operating; inc. = income.) EA Customer Distribution Channels Wholesale Customers Total W. Region E. Region Wholesale Wholesaler Wholesaler Retail Customers Total Retail Stock Inc. Darby Corp
What should the "Direct Labor" be?

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60.000 units $75,000 $120,000 $65,000 90,000 units $75,000 $180,000 $80,000 $335,000 Cost A Cost B Cost C $260,000 Total Costs cost Cost C is a О А. fixed О В. mixed O C. variable O D. sunk