NOAH PARKER MANUFACTURING HAS COLLECTED THE FOLLOWING DATA FOR ITS PRODUCTION COSTS OVER SEVERAL MONTHS: MONTH TOTAL COST ($) UNITS PRODUCED JANUARY 1,200,000 FEBRUARY 1,500,000 MARCH APRIL MAY 1,050,000 900,000 800,000 450,000 600,000 350,000 300,000 250,000 USING THE HIGH-LOW METHOD, COMPUTE THE FOLLOWING: WHAT ARE THE TOTAL FIXED COSTS?

NOAH PARKER MANUFACTURING HAS COLLECTED THE FOLLOWING DATA FOR ITS PRODUCTION COSTS OVER SEVERAL MONTHS: MONTH TOTAL COST ($) UNITS PRODUCED JANUARY 1,200,000 FEBRUARY 1,500,000 MARCH APRIL MAY 1,050,000 900,000 800,000 450,000 600,000 350,000 300,000 250,000 USING THE HIGH-LOW METHOD, COMPUTE THE FOLLOWING: WHAT ARE THE TOTAL FIXED COSTS?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...

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What is the estimated fixed maintenance cost?
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The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include: Fixed costs (salaries, tools): 64,900 per year Variable costs (supplies): 1.35 per maintenance hour Estimated usage by: Actual usage by: Required: 1. Calculate a single charging rate for the Maintenance Department. 2. Use this rate to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year. 3. What if the Assembly Department used 4,000 maintenance hours in the year? How much would have been charged out to the three departments?
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How would each of the following costs be classified if units produced is the activity base? a. Salary of factory supervisor ($120,000 per year) b. Straight-line depreciation of plant and equipment c. Property rent of $11,500 per month on plant and equipment
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Deidoro Company has provided the following data for maintenance cost: Machine hours Maintenance cost Multiple Choice Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to: (Round your intermediate calculations to 2 decimal places.) O O Prior Year 17,100 20,100 $ 29,400 $ 34,200 $29,400 per year; $1.701 per machine hour Current Year $2,040 per year; $1.701 per machine hour $2,040 per year; $1.600 per machine hour $29,400 per year; $1.600 per machine hour