The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variable costs in the organization. The managerial accountant reported the following information: Sunny Manufacturing Cost Report January – June 20XX Month Machine-Hours Total Costs January 1,800 $21,500 February 2,900 $23,200 March 1,000 $19,750 April 2,400 $21,000 May 3,400 $23,900
The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variable costs in the organization. The managerial accountant reported the following information: Sunny Manufacturing Cost Report January – June 20XX Month Machine-Hours Total Costs January 1,800 $21,500 February 2,900 $23,200 March 1,000 $19,750 April 2,400 $21,000 May 3,400 $23,900
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The
Sunny Manufacturing Cost Report January – June 20XX |
||
Month |
Machine-Hours |
Total Costs |
January |
1,800 |
$21,500 |
February |
2,900 |
$23,200 |
March |
1,000 |
$19,750 |
April |
2,400 |
$21,000 |
May |
3,400 |
$23,900 |
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