Landon is working on putting together the financials for his company'squarterly report. His company uses standard costs within itsabsorption costing system, and Landon needs to find the budgeted.cost per unit in order to estimate COGS. Landon has provided thefollowing cost information.234115161718Budgeted variable manufacturing cost per unitBudgeted variable operating cost per unitBudgeted fixed overhead costsBudgeted fixed operating costsBudgeted production in units$D5.003.0030,00020,0005,000EFGHfunctions with cell references to the Problem area or workarea as indicated.How much cost should be capitalized to inventory for eachunit produced?Cost per unit

It is one of the key assets of the company. It comprises raw materials, inventory in processing and…

Answered: Landon is working on putting together…

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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Hello! I posted this question and only the 3 subparts were solved kindly solve the remaining 2 parts i) Using the high-low method derive the cost function that can be used to predict the Sales&Marketing department overhead cost using the Number of Baby Powder OrdersReceived during the month (X1) as the activity level. ii) Using the high-low method derive the cost function that can be used to predict the Sales&Marketing department overhead cost using the Total weight of Baby Powder sold duringthe month in Kgs (X2)as the activity level iii) Using the cost function derived in (i) above using the Number of Baby Powder OrdersReceived during the month (X1) as the activity level estimate the Sales &Marketingdepartment overhead cost for the month of September 2021 where the Number of BabyPowder Orders Received is expected to be 1,800 orders iv) Using the cost function derived in (ii) above using the Total weight of Baby Powder soldduring the month in Kgs (X2) as the activity level…
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Landon is working on putting together the financials for his company's quarterly report. His company uses standard costs within its absorption costing system, and Landon needs to find the budgeted cost per unit in order to estimate COGS. Landon has provided the following cost information..