Board Games, Inc. makes board games. The following data pertains to the last six months: Direct Labor Hours Manufacturing Overhead Month 1 45,000 $295,000 Month 2 59,000 $317,000 Month 3 57,000 $323,000 Month 4 52,000 $247,250 Month 5 34,000 $178,200 Month 6 27,000 $166,500 Based on this data, what is the linear cost equation? (Round intermediary calculations to the nearest cent.) A. y $0.21 X+$150 comma 500 B. y $4.70 X + $39 comma 700 C. y $4.76 X+$29 comma 970

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...
icon
Related questions
Question

None

Board Games, Inc. makes board games.
The following data pertains to the last six months:
Direct Labor Hours
Manufacturing Overhead
Month 1 45,000
$295,000
Month 2 59,000
$317,000
Month 3 57,000
$323,000
Month 4 52,000
$247,250
Month 5 34,000
$178,200
Month 6 27,000
$166,500
Based on this data, what is the linear cost equation? (Round intermediary calculations to the
nearest cent.)
A. y $0.21 X+$150 comma 500
B. y $4.70 X + $39 comma 700
C. y $4.76 X+$29 comma 970
Transcribed Image Text:Board Games, Inc. makes board games. The following data pertains to the last six months: Direct Labor Hours Manufacturing Overhead Month 1 45,000 $295,000 Month 2 59,000 $317,000 Month 3 57,000 $323,000 Month 4 52,000 $247,250 Month 5 34,000 $178,200 Month 6 27,000 $166,500 Based on this data, what is the linear cost equation? (Round intermediary calculations to the nearest cent.) A. y $0.21 X+$150 comma 500 B. y $4.70 X + $39 comma 700 C. y $4.76 X+$29 comma 970
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College