QUESTION 4Caden Family Orange Groves processes a variety of fresh juices. The company has the following expenses for July:Wages of factory workersFreshness seals/caps for juice bottlesReconfiguring the factory layoutCustomer help lineCosts of refrigerated trucks used to deliver juiceDepreciation expense on bottling machinesGlass juice bottlesCommissions for salespeopleSalaries of nutrition researchers$75,400$3900$102,300$2700$17,000$63,300$54,900$27,100$89,800$4800Costs of maintaining website used for customer ordersWhat is the total cost for the customer service category of the value chain?$80,300$11,400$2700$34,600

Name: QUESTION 4Caden Family Orange Groves processes a variety of fresh jui
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Description: QUESTION 4Caden Family Orange Groves processes a variety of fresh juices. The company has the following expenses for July:Wages of factory workersFreshness seals/caps for juice bottlesReconfiguring the factory layoutCustomer help lineCosts of refrig

Variable costs are costs that vary with the change in the level of output whereas fixed costs are…

Business

Accounting

QUESTION 4 Caden Family Orange Groves processes a variety of fresh juices. The company has the following expenses for July: Wages of factory workers Freshness seals/caps for juice bottles Reconfiguring the factory layout Customer help line Costs of refrigerated trucks used to deliver juice Depreciation expense on bottling machines $75,400 $3900 $102,300 $2700 $17,000 $63,300 $54,900 $27,100 $89,800 $4800 Glass juice bottles Commissions for salespeople Salaries of nutrition researchers Costs of maintaining website used for customer orders What is the total cost for the customer service category of the value chain? $80,300 O $11,400 O $2700 O $34,600

QUESTION 4 Caden Family Orange Groves processes a variety of fresh juices. The company has the following expenses for July: Wages of factory workers Freshness seals/caps for juice bottles Reconfiguring the factory layout Customer help line Costs of refrigerated trucks used to deliver juice Depreciation expense on bottling machines $75,400 $3900 $102,300 $2700 $17,000 $63,300 $54,900 $27,100 $89,800 $4800 Glass juice bottles Commissions for salespeople Salaries of nutrition researchers Costs of maintaining website used for customer orders What is the total cost for the customer service category of the value chain? $80,300 O $11,400 O $2700 O $34,600

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 3 Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year: Month January February March April May June July August September October November December Total ▼(a) Labor Hours Overhead Costs 3,500 2,800 3,000 4,200 4,500 5,500 6,500 7,500 7,800 4,500 Variable cost = $ x 3,100 6,500 59,400 Your answer is partially correct. Try again. Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) Fixed cost = $ $73,000 69,080 70,000 77,000 80,000 87,000 91,000 96,000 99,580 81,000 73,000 90,000 $986,660 6.1 per labor hour
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