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- Natur-Gro, Inc., manufactures composters. Based on past experience, Natur-Gro has found that its total annual overhead costs can be represented by the following formula: Overhead cost = 264,000 + 1.42X, where X equals number of composters. Last year, Natur-Gro produced 30,000 composters. Actual overhead costs for the year were as expected. Total overhead for per unit was a. 1.42 b. 8.80 c. 11.63 d. 10.22Mema Company makes motorcycles. Management wants to estimate overhead costs to plan its operations. A recent trade publication revealed that overhead costs tend to vary with machine hours. To check this, they collected the following data for the past 12 months. (See the picture for the table) Compute for the: Use the High-low method to estimate the fixed and variable portion of overhead costs based on machine hours.Budz Manufacturing Company is engaged in manufacturing motorcycles. The management we wants to estimate overhead costs to plan its operations. A recent trade publication revealed that factory overhead costs tend to vary with machine hours. To check this, they collected the following data for the past 10 months.008. Month $0. 1 2 3 4567 9 10 Wha .000.0 Machine Hours 3,000 3,600 3,300 2,970 3,600 3,750 3,900 10120801 12000 i 2,400 bodlomisdang ad 3,150 3,600 bodem wol agua sdin mtotoocani DOA Factory Overhead Cost P. 84,000.00 96,900.00 93,045.00 83,490.00 105,600.00 103,500.00 106,800.00 70,110.00:batiop 100,350.00 nobiroo on and onsuised adi S bodo For the next month, the company is planning to operate at a level of 3,750 machine hours. vollot adsens 0739921 eqer88,800.00 50-90 1014 avode svig stsb sifgcian des vig stsb af guiar designalais I Required: Using the high-low method, determine the following: 1. The variable portion of factory overhead cost based on machine hour. asuislino2…
- Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation between activity and overhead costs. Discussions with the plant supervisor suggest that overhead seems to vary with labor-hours, machine-hours, or both. The following data were collected from last year's operations. Month Labor-Hours Machine-Hours Overhead Costs 1 725 1,349 $ 102,630 2 720 1,404 103,742 3 685 1,517 109,818 4 750 1,459 108,368 5 770 1,589 116,290 6 745 1,583 114,521 7 735 1,396 107,079 8 720 1,307 102,082 9 715 1,463 106,471 10 790 1,538 113,065 11 675 1,298 103,776 12 720 1,608 116,796 Required: a. Use the high-low method to estimate the fixed and variable portions of overhead costs based on machine-hours. b. Managers expect the plant to operate at a monthly average…Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation between activity and overhead costs. Discussions with the plant supervisor suggest that overhead seems to vary with labor hours, machine hours, or both. The following data were collected from last year’s operations. Month Labor-Hours Machine-Hours Overhead costs 1 720 1,355 $ 102,644 2 720 1,411 103,842 3 675 1,527 109,938 4 750 1,462 108,297 5 785 1,582…The controller of Sandhill Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs. Month January February March April May June (a1) Total Maintenance Costs $2,880 3,273 3,928 4,632 3,491 4,844 X Your answer is incorrect. Total Machine Hours 3,820 Variable cost per machine hour $ 4,364 6,546 8,619 5,455 8,730 Determine the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places e.g. 2.25.) 1352
- Please help me to solve this problemCharlie Corporation's managers in the stamping department have been studying the overhead cost and the relationship with machine hours. The following are data from the most recent 12 months. Month Overhead Machine hours January 5,030 2,730 February 1,600 600 March 7,210 3,403 April 4,560 2,200 May 6,880 3,411 June 6,520 2,586 July 6,230 3,364 August 5,570 2,411 September 7,728 3,960 October 5,810 2,897 November 4,580 2,207 December 6,010 2,864 The manager of the department has requested a regression analysis of these two variables. The staff person performing the analysis decided to exclude February. She observed the volume of activity was very low for that month because of two factors: a severe flue outbreak and an electrical fire that disrupted operations for about 10 working days. Required: a. Using the high-low point method, compute the fixed cost. b. Using the high-low point method, how much are the estimated overhead costs for 3,000 machine hours?Sunland Co. gathered the following information on power costs and factory machine usage for the last six months: Power Cost Factory Machine Hours $28,390 15,800 36,069 21,400 32,895 18,700 ITT 26,235 15,100 23,890 13,500 20,700 Month January February March April May June Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. (a) Your answer is correct. What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs $ (b) eTextbook and Media * Your answer is incorrect. 10.500 Fixed power costs What is the estimated fixed power cost each month? High 1.41 per factory machine hour 20,683 $ Low Attempts: 1 of 5 used
- Michael Corporation's managers in the stamping department have been studying the overhead cost and the relationship with machine hours. The following are data from the most recent 12 months. Month Overhead Machine hours January 5,030 2,730 February 1,600 600 March 7,210 3,403 April 4,560 2,200 May 6,880 3,411 June 6,520 2,586 July 6,230 3,364 August 5,570 2,411 September 7,728 3,960 October 5,810 2,897 November 4,580 2,207 December 6,010 2,864 The manager of the department has requested a regression analysis of these two variables. The staff person performing the analysis decided to exclude February. She observed the volume of activity was very low for that month because of two factors: a severe flue outbreak and an electrical fire that disrupted operations for about 10 working days. Using the least square (regression) analysis, compute the fixed cost. Using the least square…Vinubhaineed help solving