Given the cost formula, Y = $16,000+ $3.40x, total cost for an activity level of 4,000 units would be:A. $13,600OB. $3,600C. $29,600O D. $16,000

The question is based on the concept of Cost Accounting. The cost formula is the combination of…

Answered: Given the cost formula, Y= $16,000+…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

for the estimated total costs how did you get 4,500,000 , 5,100,000 , 5,000,000?
Provide the Correct answer
Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000 OMR,describe the production costs in the equation form Y = f + vX. Select one: a. Y = 160000 + 100X b. Y = 160000 + 70X c. Y = 160000 + 80X d. Y = 160000 + 40X Clear my choice
If the indirect costs for each duration are $300 for 27 weeks, $240 for 26 weeks, $180 for 25 weeks, $120 for 24 weeks, $60 for 23 wowowo (weeks, and $50 for 22 weeks, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time INCONDUGULILE T DONDO schedule? waiting thalin www.tomamilionima Ellenton Act. = m ---- B Crash Cost (Slope) 80 30 40 50 100 30 Maximum Crash Time Normal Time 23124= 10 855560 15 Normal Cost 40 10 80 51 50 TUT 100 20 $300 Time unit 1 wook
Please help me with show all calculation thanku
At a level of physical activity of 15,000 units, the total cost would be as follows using the cost formula Y = $20,000 + $4X: $35,000 $60,000 $20,000 $80,000.
If fixed costs are $400,000 and the unit contribution margin is $20, what is the break-even point in sales units? Oa. 25,000 units Ob. 10,000 units Oc. 400,000 units Od. 20,000 units
Given the costs to produce 30,000 units, calculate the amounts for 1. - 4. below Number of units 30,000 Total Variable Costs $150,000 Total Fixed Costs $150,000 Total Costs $300,000 Fixed Cost per unit ✓ 1. Total Fixed Cost (at 60,000 units) ✓2. Total Fixed Costs (at 120,000 units) ✓3. Fixed Cost per unit (at 60,000 units) ✓ 4. Fixed Cost per unit (at 120,000 units) 60,000 3. A. None of these are correct. B. $5 C. $30,000 D. $2.50 E. $1.25 F. $150,000 G. $600,000 H. $300,000 120,000 2. 4.
Compute the missing amounts for the following table: Compute the missing amounts. ( Enter the contribution margin ratio to the nearest percent, X%)
Assume that the cost formula for one of a company's variable expenses is $5.00 per unit. The company's planned level of activity was 2,000 units and its actual level of activity was 2,200 units. The actual amount of this expense was $10,800. The spending variance for this expense is Multiple Choice $1,000 F $800 $200 F $1,000 U
Within a relevant range of 10,000 units - 50,000 units, consider the following information: At a volume of 20,000 units, fixed expenses per unit = $12.50. At a volume of 25,000 units, average cost = $18.00 per unit. Compute average cost per unit at a volume = 40,000
For Waterway Industries at a sales volume of 5000 units, sales revenue is $67000, variable costs total $ 44000, and fixed expenses are $21000. What is the unit contribution margin? Select answer from the options below $4.20 $8.80 $9.20 $4.60

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

Given the cost formula, Y= $16,000+ $3.40X, total cost for an activity level of 4,000 units would be: A. $13,600 OB. $3,600 C. $29,600