Answer:
Cash Disbursement for selling and administrative expense = $42,370
Explanation:
Provided information,
Units to be sold in the month of March = 3,100 units
Variable selling and administrative cost per unit = $3.60
Fixed selling and administrative cost = $35,810
Depreciation included in fixed selling and administrative cost = $4,600
Cash fixed cost of selling and administrative cost = $35,810 - $4,600 = $31,210
Total cash cost of selling and administrative cost = Variable + Cash Fixed cost
Total variable cost = $3.60 
3,100 units = $11,160
<u>Total cash disbursement = $11,160 + $31,210 = $42,370</u>
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It is c.equity capital I know it is the answer
Answer: a. FIFO to LIFO, but not LIFO to FIFO
Explanation:
Well the inventory changes which would likely be accounted for is the FIFO ( first in first out system ) to LIFO ( last in first out system ). But not the LIFO ( last in first out ) to FIFO ( first in first out ). This system are mostly used in sales where for FIFO the first goods to arrive leaves first and for LIFO the opposite of FIFO
Answer: Total cost (23500 hours predicted ) = $ 484625
Explanation:
The question is incomplete the high and low methods requires us to use high and low level of activity together with the corresponding total costs at each level to determine the variable cost per unit. we will provide assumed total costs and nursing hours in order to show how high and low method is used to predict total costs for the next period.
Assume the following were total costs and corresponding nursing hours for the previous 3 months
Total cost Hours
$560000 30000 hours
$400000 220000 hours
$225000 10000 hours
calculating Variable cost using high and low method
Variable cost per unit = (high cost - low cost)/high hour - low hours)
Variable Cost Per unit = (840000 - 225000)/ (30000 - 10000) = 16.75
Variable cost per unit = $ 16.75
Fixed costs = 560000 - (28000 x 16.75) = 560000 - 469000
Fixed costs = $91000
Total cost (23500 hours predicted ) =Total Fixed cost + Total Variable costs
Total cost (23500 hours predicted ) = $91000 + (23500 x $16.75)
Total cost (23500 hours predicted ) == $91000 + $393625
Total cost (23500 hours predicted ) = $ 484625
