product produced by Rosalyn Company over the last 6 months: Units Produced 30,000 42,000 40,000 34,000 32,000 31,000 Total Cost P24,000 30,000 32,000 27,000 23,000 23,000 Month 1 3 4 5 6 1. Determine the cost formula 2. What would be the total cost if the company plans to produce 35,000 units? tha total cost if the company plans to produce 25,000 units?

product produced by Rosalyn Company over the last 6 months: Units Produced 30,000 42,000 40,000 34,000 32,000 31,000 Total Cost P24,000 30,000 32,000 27,000 23,000 23,000 Month 1 3 4 5 6 1. Determine the cost formula 2. What would be the total cost if the company plans to produce 35,000 units? tha total cost if the company plans to produce 25,000 units?

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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Question

Chepter 2 Cost Concent. Classifications and Behavior
49
PROBLEMS
21
The following information summarized total production costs and number of units of
product produced by Rosalyn Company over the last 6 months:
Units
Produced
30,000
42,000
40,000
34,000
32,000
31,000
Total Cost
P24,000
30,000
32,000
27,000
23,000
23,000
Month
4
1. Determine the cost formula
2. What would be the total cost if the company plans to produce 35,000 units?
3. What would be the total cost if the company plans to produce 25,000 units?
123 56

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