Answer:
variable cost per unit = 46
fixed cost 188680
Explanation:
The high-low method consist in compare each frame to get the variable and fixed components
5440 high
2040 low
3400 difference
437920 high
281520 low
156400 difference
variable cost =15600/3400
variable cost = 46
the reasoning is that the additional 3400 units generated that cost.
Now:
we múltiple by the units by the production and get total variable
46 * 2040 = 93840 total variable
lastly total cost - total variable = fixed
281520 - 93840 = 188680
Answer:
6,000
Explanation:
The computation of the total administrative expense allocated to the Meats department is shown below:
= (Total administrative expenses ÷ total square feet) × meat square feet
= ($15,000 ÷ 3,000) × 1,200
= 6,000
We simply do the proportion based on the meats department by dividing the total square feet
All other information which is given in the question is not considered. Hence, ignored it
Answer:
Seller's proceeds = $66,300
Explanation:
Given:
Seller's costs = $14,700
Commission = $3,150
Excise tax = $650
Escrow fees = $250
Loan payoff = $126,000
Purchase price receive = $210,000
Refund on property taxes paid in advance = $1,050
Computation of seller's proceeds:
Seller's proceeds = (Purchase price receive + Refund on property taxes paid in advance) - (Seller's costs + Commission + Excise tax + Escrow fees + Loan payoff)
Seller's proceeds = ($210,000 + $1,050) - ($14,700 + $3,150 + $650 + $250 + $126,000)
Seller's proceeds = ($211,050) - ($144,750)
Seller's proceeds = $66,300
