Total cost at two activities level are as follows: Total cost for 200 units is Rs. 10000 and total cost for 300 unitsis Rs. 12000. If High-Low method is followed, the variable cost and fixed cost areandrespectively.Rs. 20 and Rs. 6000Rs. 50 and ZeroRs. 40 and Rs. 2000Rs. 50 and Rs. 2000

The objective of the question is to calculate the variable cost and fixed cost using the High-Low…

Answered: Total cost at two activities level are…

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

For Waterway Industries at a sales volume of 5000 units, sales revenue is $67000, variable costs total $ 44000, and fixed expenses are $21000. What is the unit contribution margin? Select answer from the options below $4.20 $8.80 $9.20 $4.60
Compute the contribution margin dollars if volume is 200,000 units, price is $10 per unit, and variable costs are 60 percent of revenue.
Assume the following (1) variable expenses = $302,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 20%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice O O The variable expense ratio is 400% The total sales $377,500 The total contribution margin= $241,600 The total fixed expenses $60,400 =
Vaughn's CVP income statement included sales of 5000 units, unit selling price of $300, unit variable cost of $180, and fixed expenses of $150000. Contribution margin is ○ $600000. ○ $900000. O $1500000. O $450000.
Compute the table below for the missing amounts. Compute the missing amounts, starting wit scenario A, then for the scenarios B and C
The following information is related to product A: in 2015, variable cost was Rs 200 per unit and fixed cost was Rs 40 per unit. Production was 1,20,000 units. It is expected that production in 2016 will increase to 1,60,000 units. The variable cost will increase by 25% and fixed cost by 10% in 2016. The amount of fixed cost in 2016 will be- a. Rs 52,80,000 b. Rs 70,40,000 c. Rs 64,00,000 d. Rs 48,00,000
Variable manufacturing costs are $120 per unit, and fixed manufacturing costs are $82,500. Sales are estimated to be 6,600 units. If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 6,600 units and a plan to produce 7,500 units?fill in the blank 1 of 1$ b. How much would variable costing operating income differ between the two production plans?$fill in the blank 1 of 1
Using the high low method, Hadley Company calculated the variable cost as $2.5 per unit. The high level of the activity was 2320 units and $38325 of total cost. Total fixed costs equal $ your answer as a whole number. 32.525 Moving to another question will save this response. Ent << Question 4 of
If fixed costs are $265,000, the unit selling price is $125, and the unit variable costs are $76, the break-even sales (units) is a.2,120 units b.1,318 units c.3,487 units d.5,408 units

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

Total cost at two activities level are as follows: Total cost for 200 units is Rs. 10000 and total cost for 300 units is Rs. 12000. If High-Low method is followed, the variable cost and fixed cost are and respectively. Rs. 20 and Rs. 6000 Rs. 50 and Zero Rs. 40 and Rs. 2000 Rs. 50 and Rs. 2000