For September, Murphy Company has manufacturing costs in BWIP equal to $100,000. During September, the manufacturing costs incurred were $550,000. Using the weighted average method, Murphy had 100,000 equivalent units for September. The equivalent unit cost for September isa. $1.00.b. $7.50.c. $6.50.d. $6.00.e. $6.62.

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

A: Solution:-a Calculation of the variable cost per unit of Using the high-low method as follows…

Q: The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost…

A: Answer with all workings are as follows.

Q: Robin Inc. provides the following manufacturing costs for the Third quarter of the year:…

A: The objective of the question is to determine the total fixed costs using the high-low method. The…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: The high-low method is used to differentiate the mixed cost. The mixed cost is the combination of…

Q: ABC Corporation has the following estimated cost information for the upcoming year: a. Direct…

A: POHR stands for predetermined overhead rate. The predetermined overhead rate is calculated as the…

Q: The manufacturing cost of Calico Industries for three months of the year are provided below.…

A: Variable cost: It is the cost that changes with the change with the change in level of output .e.g.,…

Q: The manufacturing costs of Mocha Industries for 3 months of the year are as follows: Total Cost…

A: High-Low method: It is used to split the total costs into fixed costs and variable costs. Following…

Q: ​Circetrax, Inc. has provided the following financial information for the​ year:   Finished Goods​…

A: Under the absorption costing, fixed manufacturing overhead is considered as a product cost and…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Variable costs: These are the costs that vary with the number of units produced. The more the units…

Q: Strait Co. manufactures office furniture. During the most productive month of the year, 3,300 desks…

A: Variable costs are those which varies with the change in the level of production. It is the cost…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Unit Cost Highest Point  June 3,170   100,106   Lowest Point  April 1,560   97,208…

Q: The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost…

A: Variable cost can be calculated as change in total cost divided by change in volume under the high…

Q: A production department within a company received materials of $11,166 and conversion costs of…

A: Process costing: It is a type of costing method, where the direct costs are accumulated and indirect…

Q: method of cost estimation, total fixed costs are

A: SolutionThe High - Low point of cost estimation method is used to divide the a mixed cost in to its…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Total variable costs are costs that varies with the level of production. Total fixed costs are costs…

Q: The manufacturing cost of Mocha Industries for three months of the year are provided below:   Total…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: At the end of January, ABC firm had 3,400 units in ending inventory with a total cost of $19,040.…

A: The Income Statement seems to be a financial statement that really indicates a company's earnings…

Q: Strait Co. manufactures office furniture. During the most productive month of the year, 3,800 desks…

A: Every organization involved in the production sector incurs various costs, which are mainly divided…

Q: 8. Bose Earbuds has the following equivalent units for July: materials 20,000 and conversion costs…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Strait Co. manufactures office furniture. During the most productive month of the year, 3,700 desks…

A: d. $51,008Explanation:To use the high-low method of cost estimation, we need to identify the…

Q: The manufacturing costs of Calico Industries for 3 months of the year are as follows:   Total Cost…

A: Correct answer is c.$0.25 per unit and $42,050, respectively Calculation: For calculating the…

Q: Strait Co. manufactures office furniture. During the most productive month of the year, 3,600 desks…

A: The high low method is used to differentiate the fixed cost and variable cost from the mixed cost.

Q: The manufacturing cost of Mocha Industries for three months of the year are provided below: Total…

A: High- Low method splits the Fixed costs and Variable costs

Q: The manufacturing cost of Mocha Industries for three months of the year are provided below: Total…

A: The costs incurred for the production are classified as fixed, variable costs and mixed costs. The…