[The following Information applies to the questions displayed below.]Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variableand fixed costs.2234 inMonth1Units Sold315,000Total Cost$ 152,500160,00096,250260,000200,600200,00095,0005285,000196,5006185,000107,0007365,000314,8008265,000146,750977,00070,00010145,000125,6251189,00089,0001295,00086,6502. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units.370,000 units 410,000 unitsTotal cost

Variable costs are the costs that vary with the change in the output levels. Per unit will remain…

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Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...

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Vishnu
[The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold 1 2 3 4 5 6 320,000 160,000 280,000 200,000 300,000 200,000 Total Cost $ 160,000 100,000 220,000 100,000 230,000 120,000 Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs Month 7 8 9 10 11 12 Units Sold 340,000 280,000 80,000 160,000 100,000 110,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000 High-Low method - Calculation of…
Units [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Total Month Units Sold 320,000 160,000 280,000 200,000 300,000 200,000 LN3456 1 2 Total Cost $ 160,000 100,000 220,000 100,000 230,000 120,000 (a) 2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240,000 units. Predictions 220,000 Month 7 8 9 10 11 12 (b) Units Sold 340,000 280,000 80,000 240,000 160,000 100,000 110,000 Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000
Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month 1 2 Saw! 3 4 5 6 7 8 9 10 11 12 Units Sold 315,000 160,000 260,000 200,000 Total cost 285,000 185,000 365,000 265,000 77,000 145,000 89,000 95,000 Total Cost: $152,500. 96,250 200,600 95,000 196,500 107,000 314,800 146,750 70,000 125,625 89,000 86,650 2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. 370,000 units 410,000 units
Vala
Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold 1 2 3 4 5 6 320,000 160,000 280,000 200,000 300,000 200,000 Total Cost Month $ 160,000 7 8 9 100,000 220,000 100,000 230,000 120,000 10 11 12 Change in cost Change in volume Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Units Sold 340,000 280,000 80,000 160,000 100,000 110,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000 High-Low method - Calculation of variable cost per unit Cost at high point…
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A projected income statement of Hailwork’s company for the coming year follows: Sales $506300 |Total Variable Cost 170865 Contribution Margin ? Total Fixed Cost 175000 Operating Income ? Compute contribution margin and contribution margin ratio Compute the Operating Income How much revenue must be earned in order to breakeven What is the effect on contribution margin ratio if the unit selling price and unit variable cost increase by 10 percent each?
ABM Enterprise reported business transactions for a certain month in 2020: Unit Price, P55.75; Variable Cost Per Unit, P25.50, and Total Fixed Cost, P45,375.00. a. Compute for the number of units to be sold in order to break-even. b. How is the amount of sales to break-even?
The controller at Speedy Delivery wants to break-out the cost of deliveries into fixed and variable components so that it will be better able to predict costs for next year. Below are the delivery costs incurred each month and the number of deliveries. Delivery Cost January $2,176.00 February 2,272.00 March 1,926.40 April 1,696.00 May 1,600.00 75 [] June 2,752.00 135 July 3,616.00 180 August 1,849.60 88 September 1,676.80 79 October 3,808.00 November 3,961.60 4,000.00 Month December Required: 2. Calculate the fixed cost of overhead. $ = = Deliveries 105 110 92 Using the high-low method: 1. Calculate the variable cost rate per deliveries. Round the answer to two decimal places. $ + 80 + 190 3. Construct the cost formula for total overhead cost. If required, round your answer to two decimal places. Total cost Fixed cost Variable cost ($ per unit x Number of deliveries) 4. The company is estimating that in January the number of deliveries will be 125. How much should it estimate to have…
Consider the following cost and pricing data of ABC Corp. on its Product X:Price: P120.00.per unitProfit Contribution: P90.00Proposed additional Cost: P3 per unit (for quality improvement)Current Profits: P2.4 millionSales: 100,000 units. A. Assuming that average variable costs are constant at all output levels, findABC Corp.’s total cost function before the proposed change.B. Calculate the total cost function if the quality improvement is implemented. UNANSWERED SUB-PARTSC. Calculate ABC Corp.’s break-even output before and after the change, assuming it cannot increase its price.D. Calculate the increase in sales that would be necessary with the quality improvement to increase profits to P2.7 million
Compony XYZ is currently making sales of $ 200,000. At this level, the variable experies were $ 100.000 company XYZ expects sales to increase to $ 250,000 in the coming period with no changer is expected to find expenses. How much is the expected change pront:

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