By using excel: Find the cost equation for electricity cost and estimate it for July if expected maintenance hours is 5500 hours. Why is there difference between your number and what included in May.

Q: If Georgiana estimates 1400 customers next month, what is the estimated cost for nail supplies?…

A: Total cost: It is the cost incurred for manufacturing the units. To determine the total cost we have…

Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: The cost equation is calculated using high - low method of separating variable and fixed cost from…

Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: a. Using the least squares method, develop the equation for predicting weekly receiving report costs…

A: Variable cost: Variable cost is one of the component of total cost that variates with the change in…

Q: 18. The following information is available for electricity costs for the last six months of the…

A: High low method is a method of cost estimation in which variable cost per unit and total fixed costs…

Q: If D = 8,400 per month, S = $43 per order, and H = $1.50 per unit per month, a) What is the economic…

A: EOQ or Economic Order Quantity refers to the Ideal quantity of inventory that the company should…

Q: 1. Prepare the​ company's contribution margin income statement for the month of April. Round all…

A: Contribution margin income statement shows all variable costs first so that contribution margin can…

Q: INFORMATION An entrepreneur recently opened a filling station. Diesel is sold at R15 per liter and…

A: Concept. Operating profit / loss. When cost of goods sold and other operating expenses of the…

Q: How much is the expected maintenance costs for November 2020, if the expected machine hours is…

A: In cost accounting, the high low method is a type of technique that is used to segregate mixed costs…

Q: 4. The following monthly data are available for Salalah Company which produces only one product:…

A: Given; SP/ Unit = RO 30 Variable Cost/Unit = RO 15 Fixed Expenses = RO 50,000 Sold Units = 10,000…

Q: A company has estimated its economic order quantity for Part A at 2,400 units for the coming year.…

A: Economic order quantity indicates the level of units that should be ordered to get the least cost of…

Q: Compute the company's activity variances for May (Indicate the effect of each variance by selecting…

A: The activity variance is the difference between the flexible budget and planning budget data. The…

Q: otal cost and number of units in the first seven months of 2020 are given below. According to this…

A: As per high low method of cost estimation, variable cost per unit and total fixed costs are…

Q: otal cost and number of units in the first seven months of 2020 are given below. According to this…

A: Cost function equation is the equation which is expresses as C(Y) = FC + V(X), where C stands for…

Q: Recent monthly costs of providing on-board flight service incurred by Great Plains Airlines are…

A: High low method is the method used to segregate the cost into the variable and fixed cost.

Q: nt to be $6,000 in August when 8,600 units are expected to be produced. If rent is a fixed cost, and…

A: Fixed costs : fixed costs remain constant in a total amount over a specific range of activity these…

Q: Furniture Rental Item Sofa (1) Office Chair (6) Conference Table (1) Value, per piece $1,400 $180…

A: Rental amount of the furniture depends on its value. We will have to determine the value of the…

Q: 29) Sales for December are expected to be 36,000 units and Production is expected to be 37,000…

A: A direct labor cost refers to the direct expense which is directly related to the units of…

Q: If the unit production is (700), direct la wages (300) and energy cost (500), wh productivity of…

A: Introduction:- Productivity is the rate at which goods are produced.

Q: Sandy, the owner of Sunshine Car Wash has found that her income changes depending on the number of…

A: The method of high low is used for evaluating the fixed as well as variable cost of the product and…

Q: The cost data for BC Billing Solutions for the year 2020 is as follows: A. Using the high-low…

A: Variable cost per unit=Cost at highest level of activity-Cost at lowest level of activityHighest…

Q: The following information is available about electricity costs for the first six months of the year.…

A: Solution...   Highest point = 6,200 machine hours  Total cost = $5,980    Lowest point = 2,300…

Q: The following information is available about electricity costs for the first six months of the year.…

A: High low method Formula: Variable cost per unit = (Highest activity cost - Lowest activity cost) /…

Q: In April of 2021, Best Speaker Company expects to sell 470 bluetooth speaker units. Expenses are as…

A: Operating expenses are defined as the payments made by a business entity to execute its routine…

Q: break-even point in units and in sales dollars.

A: Under Marginal costing technique  Sales Revenue - Total Variable cost - Total Fixed cost = Operating…

Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: Cost equation is represented as: = Fixed Cost + (Number of units * Variable cost per unit)

Q: A hotel having 100 rooms of which 80% are normally occupied in summer and 25% in winter. Period of…

A: Calculation of Number of days of Summer Number of days of Summer = Number of Summer Months X Number…

Q: Total cost and number of units in the first seven months of 2020 are given below. According to t…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: Sandhill Company produces a molded briefcase that is distributed to luggage stores. The following…

A:

Q: Refer to the information for Luisa Crimini above.Required:1. Which month represents the high point?…

A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Ibra Industries produces windows, which it sells for OMR 20 each. Each Unit costs OMR 13 of variable…

A: FORMULAS: 1. Contribution margin = Sales - variable cost  2. Contribution Margin Ratio =…

Q: The following information is available about electricity costs for the first six months of the year.…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.