The relevant range isO usually from zero to 100% of operating capacity.the range of activity in which variable costs will be curvilinear.the range of activity in which fixed costs will be curvilinear.O the range over which the company expects to operate during a year.

Due to its ability to define the parameters that certain cost behaviors are presumed to stay…

Answered: The relevant range is O usually from…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 5DQ

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Determine the firm fixed cost?
E Perfect Pop spends $1.00 on direct materials, direct labour, and variable manufacturing overhead for every unt (12 pack of soda) it produces Fed manufacturing overhead costs $3 milion per yer The plant which is currently operating at only 70% of capacity, produced 15 million units this year Management plans to operate closer to full capacity next year, producing 20 million units Management does not anticipate any changes in the prices it pays for materials, labour, and manufacturing overhead Requirements Requirement a. What is the current total product cost for the 15 million units), including faed and varable costs? Determine the formula, then calculate the current total product cost milion millon GID Total product costs millon
Break-Even Sales Under Present and Proposed Conditions Portmann Company, operating at full capacity, sold 1,000,000 units at a price of $190 per unit during the current year. Its income statement is as follows: Sales $190,000,000 Cost of goods sold (102,000,000) Gross profit $88,000,000 Expenses: Selling expenses $15,000,000 Administrative expenses 14,700,000 Total expenses (29,700,000) Operating income $58,300,000 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 70% 30% Selling expenses 75% 25% Administrative 50% 50% expenses Management is considering a plant expansion program for the following year that will permit an increase of $13,300,000 in yearly sales. The expansion will increase fixed costs by $4,500,000 but will not affect the relationship between sales and variable costs. Required:
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Please I need help in this question. Answer as soon as possible. Period Question: Estimate average cost per unit as per life cycle costing 1 2 3 4 5 Estimated production (units) J 12,000 18,000 80,000 25,000 8,000 Fixed cost per annum (AED) C 60,000 60,000 60,000 60,000 60,000 Variable cost @ AED 2 (AED) 24,000 36,000 1,60,000 50,000 16,000 Total cost (AED) 84,000 96,000 2,20,000 1,10,000 76,000 Cost per unit (AED) 7.00 5.33 2.75 4.40 9.50
1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. 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 Total Cost 1 319,000 $ 156,500 2 164,000 100,250 3 264,000 204,600 4 204,000 99,000 5 289,000 200,500 6 189,000 111,000 7 361,000 285,296 8 269,000 150,750 9 76,200 66,000 10 149,000 129,625 11 93,000 93,000 12 99,000 82,650
What is the effect on the cost per unit if activity increased by 10%? O A. Decrease by 10% O B. Decrease by less than 10% C. Increase by less than 10% D. Remain constant
Subject :- Accounting
General Accounting Subject
A B C D 1 The cost data for Evencoat Paint for the year 2019 is as follows: 2 Equipment 3 Gallons of Paint Maintenance Month Produced Expense 4 Jan 110,000 $70,700.00 5 Feb 68,000 $66,800.00 60 Mar 71,000 $67,000.00 7 Apr 77,000 $68,100.00 ос 8 May 95,000 $69,200.00 9 Jun 101,000 $70,300.00 10 Jul 125,000 $70,400.00 11 Aug 95,000 $68,900.00 12 Sep 95,000 $69,500.00 13 Oct 89,000 $68,600.00 14 Nov 128,000 $72,800.00 15 Dec 122,000 $71,450.00
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The relevant range is O usually from zero to 100% of operating capacity. the range of activity in which variable costs will be curvilinear. the range of activity in which fixed costs will be curvilinear. O the range over which the company expects to operate during a year.