The following data pertain to activity and costs for two recent months: October November Activity level in units 5,000 10,000 Variable costs $10,000? Fixed costs 30,000? Mixed costs 20,000 ? Total costs $60,000 $75,000 If these activity levels are within the relevant range, the mixed costs for November were?

The following data pertain to activity and costs for two recent months: October November Activity level in units 5,000 10,000 Variable costs $10,000? Fixed costs 30,000? Mixed costs 20,000 ? Total costs $60,000 $75,000 If these activity levels are within the relevant range, the mixed costs for November were?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

The following data are available for MR SANJO Corp. during the past months:
The manufacturing costs of Bartee-Allen Enterprises for the second three months of the yearfollow: Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
Sales price per unit. 51.00 Fixed costs (per month): Selling, general, and administrative (SG&A) 900,000 Manufacturing overhead 1,800,000 Variable costs (per unit): Direct labor 8.00 Direct materials 13.00 Manufacturing overhead 9.00 4.00 SG&A Number of units produced per month. 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 300,000 units 400,000 units a. Prime cost per unit. b. Contribution margin per unit. C. Gross margin per unit. d. Conversion cost per unit. e. Variable cost per unit. f. Full absorption cost per unit. g. Variable production cost per unit. h. Full cost per unit. $
What is the cost behavior type if the total cost is $60,000 at activity level of 6,000 hours, and $80,000 at 9,000 hours? Why?
Manly Beach Enterprises projects the following information for the coming year. Sales Production 1,900 units 2,000 units Selling price per sewing machine Total variable manufacturing cost Total fixed manufacturing cost Marketing and administrative cost (40% variable based on sales) $200 $160,000 $60,000 $80,000 a. Determine the projected net income using absorption costing: $ b. Determine the projected net income using variable costing: $
need answer of this Question Please Provide it
The contribution margin per units 15.68 and the units needed to break even is 220 for the month. If the fixed cost is $2200 plus labor, how much was the labor for that month?
8 ok Royal Enterprises has collected the following cost data for various levels of activity: Month June July August Required: a. Using the high-low method, calculate the variable cost per unit and the total fixed cost per month. Note: Round variable cost to 2 decimal places. b. What would the total cost be for a month with 5,350 units duced? Note: Do not round your intermediate calculations. a. Fixed Cost a. Variable Cost b. Total Costs Units Total Cost per Unit 3,450 5,850 7,050 $ 12.10 8.10 7.30 per month per unit
Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Unit Per Year $ 200 $ 75 $ 50 $ 10 Selling price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $ 300,000 Using absorption costing, what is the company's gross margin per unit?
Vala
Gadubhai
Ashvinbhai