Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $80,910 in March and rose to $92,150 in April. It costsWestern Trucking $0.14 per mile in variable costs. In March, the delivery trucks were driven a total of 87,000 miles, and in April, they were driven a total of95,000 miles. Using this information, answer the following:A. What were the total costs to operate the fleet in March and April, respectively?MarchAprilTotal cost $B. What were the cost per mile to operate the fleet in March and April, respectively? If required, round your answers to nearest cent.MarchAprilCost per mile $

Answer:- Total cost formula = Total fixed cost + Total variable cost Cost per mile formula = Total…

Answered: Western Trucking operates a fleet of…

Principles of Accounting Volume 2

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Chapter2: Building Blocks Of Managerial Accounting

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Problem 7EA: Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are...

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Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $80,910 in March and rose to $92,150 in April. It costs Western Trucking $0.14 per mile in variable costs. In March, the delivery trucks were driven a total of 87,000 miles, and in April, they were driven a total of 95,000 miles. Using this information, answer the following: A. What were the total costs to operate the fleet in March and April, respectively? March April Total cost $fill in the blank 1 $fill in the blank 2 B. What were the cost per mile to operate the fleet in March and April, respectively? If required, round your answers to nearest cent. March April Cost per mile $fill in the blank 3 $fill in the blank 4
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $70,557 in March and rose to $90,644 in April. It costs Western Trucking $0.61 per mile in variable costs. In March, the delivery trucks were driven a total of 81,549 miles, and in April, they were driven a total of 96,989 miles. Using this information, answer the following: What were the total costs to operate the fleet in March? Round to the nearest whole dollar, no decimals.
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $66,907 in March and rose to $91,658 in April. It costs Western Trucking $0.49 per mile in variable costs. In March, the delivery trucks were driven a total of 84,497 miles, and in April, they were driven a total of 92,097 miles. Using this information, answer the following: What were the total costs per mile to operate the fleet in April? Round to the nearest penny, two decimals.
2. Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $79,900 in March and rose to $93,120 in April. It costs Western Trucking $0.15 per mile in variable costs. In March, the delivery trucks were driven a total of 85,000 miles, and in April, they were driven a total of 96,000 miles. PLEASE NOTE #1: Costs per unit dollar amounts will be rounded to two decimal places and shown with "$" and commas as needed (i.e. $12,345.67). PLEASE NOTE #2: Total costs dollar amounts will be whole dollars and shown with "$" and commas as needed (i.e. $12,345). Non-dollar amounts will use commas as needed (12,345). Using this information, complete the following table: March April Miles Fixed cost Variable cost Total cost Cost per mile
Western Trucking operates a fleet of delivery trucks. The fixed expenses to operate the fleet are $79,900 in March and rose to $93,120 in April. It costs Western Trucking $0.15 per mile in variable costs. In March, the delivery trucks were driven a total of 85,000 miles, and in April, they were driven a total of 96,000 miles.
The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours Direct Labor Costs Busiest month (June) 17,500 $ 229,022 Slowest month (December) 10,200 $ 155,000 If Macon expects to use 13,500 machine hours next month, what are the estimated direct labor costs?
The following are Silver Corporation's unit costs of making and selling an item at a volume of 8,700 units per month (which represents the company's capacity): Manufacturing: Direct materials Direct labor Variable overhead Fixed overhead Selling and administrative: Variable Fixed Present sales amount to 6,100 units per month. An order has been received from a customer in a foreign market for 2,600 units. The order would not affect regular sales. Total fixed costs, both manufacturing and selling and administrative, would not be affected by this order. The variable selling and administrative costs would have to be incurred for this special order as well as all other sales. Assume that direct labor is a variable cost. Multiple Choice Assume the company has 80 units left over from last year which have small defects and which will have to be sold at a reduced price for scrap. The sale of these defective units will have no effect on the company's other sales. Which of the following costs is…
BBMLOVESLENI Company operates a fleet of delivery trucks in Luzon. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is P11.40 per kilometer. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to P13.40 per kilometer. Assuming that in a given year, a truck were driven 80,000 kilometers, what total cost would you expect to be incurred? * A. P1,012,000 B. P1,407,000 C. P1,225,143 D. P1,072,000
DolCor, Inc. manufactures and sells two products: Debit and Credit. The following data were extracted from last month's accounting records: Debit Credit Sales Revenue $190,000 $180,000 Product Costs $144,000 $132,000 Period Costs $28,000 $26,400 Debit's product costs consists of $29,000 of traceable fixed costs. The remainder of its product costs are variable costs. Debit's period costs consist of sales commission that equal 10% of its sales revenue. The remainder of its period costs are allocated common fixed costs. Credit's contribution margin percentage is 45%. Of its fixed costs, $6,700 are traceable. The remainder of its fixed costs are allocated common fixed costs. Which of the following statements is incorrect? O A. If Debit was expected to generate a segment margin of $30,000, it fell short of management's expectations by $3,000. B. Debit's total traceable costs equal $163,000. C. Credit's performance should be judged on a segment margin of $74,300. D. The total common fixed…
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