Mesa Electronics, a distributor of custom gaming computers, tracks its monthly delivery expenses: Month Units Total Delivery Shipped Expense January 5 $2,800 February 8 $3,700 March 6 $3,100 April 3 $2,000 May 4 $2,400 June 9 $4,000 July 7 $3,400 Using the high-low method, estimate the cost formula for delivery expense.
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- Kindly help me with accounting questionsThe controller of Cullumber Production has collected the following monthly cost data for analyzing the behavior of electricity costs. January February March April May June July August September October November December (a) Total Total Electricity Costs Machine Hours $2,480 2,900 Total fixed costs 3.520 4,780 3,220 5,000 4,090 3,810 5.110 4,270 3,320 5,840 Variable cost per machine hour $ 210 $ 340 500 685 420 750 650 510 Determine the fixed costs and unit variable costs using the high-low method. 675 600 340 770West Island distributes a single product. The companys sales and expenses for the month of June are shown. Using the information presented, answer these questions: A. What is the break-even point in units sold and dollar sales? B. What is the total contribution margin at the break-even point? C. If West Island wants to earn a profit of $21,000, how many units would they have to sell? D. Prepare a contribution margin income statement that reflects sales necessary to achieve the target profit.
- Global Publishers has collected the following data for recent months: Month Issues Published Total Cost March 2,500 $20,960 April 3,800 22,464 May 1,750 18,495 June 2,200 21,395 Using the high-low method, find variable cost per unit and total fixed costs. What is the estimated cost for a month in which 4,000 issues are published?Robin Inc. provides the following manufacturing costs for the Third quarter of the year in the table below. Manufacturing Costs for the Third Quarter Months Production in Units Total Costs July 3,800 $59,550 August 4,200 $62,450 September 5,500 $71,875 Using the high-low method, determine the variable costs per unit. (Round intermediate calculations and your final answer to two decimal places.) Group of answer choices $14.37 $13.07 $7.25 $15.67The controller of Rather Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. January February March April May June July August September October November December (a) Total Electricity Costs $2,500 Fixed-costs 3,000 3,600 4,500 3,200 4,900 4,100 3,800 5,100 4,200 3,300 5,860 Your answer is incorrect. $ Total Machine Hours Variable-costs $ 300 350 500 690 400 700 650 520 680 630 Determine the fixed- and variable-cost components using the high-low method. 350 720
- What is the estimated variable order filling cost component per order for this general accounting question?Use the attached and calculate the below: Identify the fixed and variable costs associated with Cosgrove. Calculate the average costs per month.The controller of Sandhill Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Variable cost per machine hour Total Maintenance Costs Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Determine the fixed cost components using the high-low method. Fixed costs $2,825 3,210 3,852 4,815 3,424 5,476 Total Machine Hours 3,740 4,280 6,420 8,453 5,350 8,560 $ $
- Please give me answer the questionplease answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)The controller of Crane Production has collected the following monthly cost data for analyzing the behavior of electricity costs. TotalElectricity Costs TotalMachine Hours January $2,620 230 February 3,010 370 March 3,590 460 April 4,770 695 May 3,240 400 June 4,850 790 July 4,100 620 August 3,850 550 September 5,110 680 October 4,300 620 November 3,310 370 December 9,000 810 What electricity cost does the cost equation estimate for a level of activity of 790 machine hours? Electricity cost $enter the electricity cost in dollars By what amount does this differ from June’s observed cost for 790 machine hours? Amount differ