Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

Question

Want to see the full answer?

Answer 1

Question

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Accurate answer

can you please solve this

do fast answer of this general accounting question

Answer 2

Question

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Answer 6

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

Answer 7

Chapter 10, Problem 10.21E

1.

To determine

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

Answer 8

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

Answer 9

2.

To determine

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units

Answer 10

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Answer 11

3.

To determine

To explain: The better way to estimate the fixed and variable cost and use of it.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 15

Ch. 10 - What two assumptions are frequently made when...Ch. 10 - Describe three alternative linear cost functions.Ch. 10 - What is the difference between a linear and a...Ch. 10 - High correlation between two variables means that...Ch. 10 - Name four approaches to estimating a cost...Ch. 10 - Describe the conference method for estimating a...Ch. 10 - Describe the account analysis method for...Ch. 10 - List the six steps in estimating a cost function...Ch. 10 - When using the high-low method, should you base...Ch. 10 - Describe three criteria for evaluating cost...

Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

To prepare: Schedule of variable, fixed, and total manufacturing costs for each account category in 2018 and to estimate total manufacturing cost for 2018.

To calculate: Total manufacturing cost per unit in 2014 and in 2015. Given information: Total manufacturing cost in 2015 is $1,042,750 Number of units produce in 2015 is 80,000 units Total manufacturing cost in 2014 is $948,750 (Working notes). Number of units produce in 2014 is 75,000 units

To explain: The better way to estimate the fixed and variable cost and use of it.

Want to see the full answer?

Chapter 10 Solutions

To calculate: Total manufacturing cost per unit in 2014 and in 2015.

Given information:

Total manufacturing cost in 2015 is $1,042,750

Number of units produce in 2015 is 80,000 units

Total manufacturing cost in 2014 is $948,750 (Working notes).

Number of units produce in 2014 is 75,000 units