Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the company's pizzas production cost behavior. January February March April May June Required: A. Use the high-low method to estimate: • The variable costs per unit produced -- . The total fixed costs ( اد Pizzas produced (X) 5,000 3,200 4,000 5,200 4,500 3,000 • Express the cost behavior in an equation form (1. Total Production Costs (Y) $4,300 $2,950 $3,300 $4,490 $3,450 $2,840 B. Predict the production cost that will be incurred when 5,500 pizzas are prepared ( C. Find the number of prepared pizzas if the total cost of production is $5,090 ( ).
Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the company's pizzas production cost behavior. January February March April May June Required: A. Use the high-low method to estimate: • The variable costs per unit produced -- . The total fixed costs ( اد Pizzas produced (X) 5,000 3,200 4,000 5,200 4,500 3,000 • Express the cost behavior in an equation form (1. Total Production Costs (Y) $4,300 $2,950 $3,300 $4,490 $3,450 $2,840 B. Predict the production cost that will be incurred when 5,500 pizzas are prepared ( C. Find the number of prepared pizzas if the total cost of production is $5,090 ( ).
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter11: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 22E: Total cost method of product pricing Based on the data presented in Exercise 17, assume that Smart...
Related questions
Question
![Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the
company's pizzas production cost behavior.
January
February
March
April
May
June
Required:
A. Use the high-low method to estimate:
• The variable costs per unit produced
• The total fixed costs (
Pizzas produced (X)
5,000
3,200
4,000
5,200
4,500
3,000
3).
• Express the cost behavior in an equation form (1.
Total Production Costs
(Y)
$4,300
$2,950
$3,300
$4,490
$3,450
$2,840
B. Predict the production cost that will be incurred when 5,500 pizzas are prepared (
C. Find the number of prepared pizzas if the total cost of production is $5,090 (](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff4b21986-c4b9-4372-83d8-eaeb8aafa56d%2F8265ffb1-88fc-4bbc-abbf-990798c6e2f4%2F6b4xu6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the
company's pizzas production cost behavior.
January
February
March
April
May
June
Required:
A. Use the high-low method to estimate:
• The variable costs per unit produced
• The total fixed costs (
Pizzas produced (X)
5,000
3,200
4,000
5,200
4,500
3,000
3).
• Express the cost behavior in an equation form (1.
Total Production Costs
(Y)
$4,300
$2,950
$3,300
$4,490
$3,450
$2,840
B. Predict the production cost that will be incurred when 5,500 pizzas are prepared (
C. Find the number of prepared pizzas if the total cost of production is $5,090 (
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning