Fixed and Variable Cost Behavior: Fixed cost lump-sum amount remains the same for a given period while the variable cost for per unit produced remains same. When cost behavior is discussed, an estimation must be made about operating levels. To calculate the company’s fixed cost, variable cost, total cost and average cost per cup of coffee at various levels of activity as given.
Fixed and Variable Cost Behavior: Fixed cost lump-sum amount remains the same for a given period while the variable cost for per unit produced remains same. When cost behavior is discussed, an estimation must be made about operating levels. To calculate the company’s fixed cost, variable cost, total cost and average cost per cup of coffee at various levels of activity as given.
Fixed and Variable Cost Behavior: Fixed cost lump-sum amount remains the same for a given period while the variable cost for per unit produced remains same. When cost behavior is discussed, an estimation must be made about operating levels.
To calculate the company’s fixed cost, variable cost, total cost and average cost per cup of coffee at various levels of activity as given.
2.
To determine
Fixed and Variable Cost Behaviour: Fixed cost lump-sum amount remains the same for a given period while the variable cost for per unit produced remains same. When cost behaviour is discussed, an estimation must be made about operating levels.
To determine whether the average cost per cup of coffee served increase, decrease or remain the same as the number of cups coffee served in a week increases.
Brun Company produces its product through two processing departments: Mixing and Baking. Information for the Mixing department
follows.
Direct Materials
Conversion
Unit
Percent Complete Percent Complete
Beginning work in process inventory
7.500
Units started this period
104,500
Units completed and transferred out 100.000
Ending work in process inventory
12.000
100%
25%
Beginning work in process inventory
Direct materials
Conversion
$6.800
14.500 $21.300
Costs added this period
Drect materials
116,400
Conversion
Total costs to account for
1.067,000 1.183.400
$1.204.700
Required
1. Prepare the Mixing department's production cost report for November using the weighted average method
Check (1) C$1.000
2. Prepare the November 30 journal entry to transfer the cost of completed units from Mixing to Baking
None
Not need ai solution please solve this general accounting question