1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
attashe74 [19]
3 years ago
5

Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost 1,600 $44,00

0 1,300 38,000 1,500 42,000 1,100 33,000 If the high-low method is used, what is the monthly total cost equation
Business
1 answer:
Likurg_2 [28]3 years ago
8 0

Answer:

total cost = 22 * x + 8800

Explanation:

The high low method is used to separate the components of variable and fixed cost when there is a mixed cost.

The highlow method calculates the variable cost per unit.

Variable cost per unit = 44000 - 33000 / 1600 - 1100 = $22 per unit

So, total fixed costs are equal to = 44000 - (1600*22) = $8800

We know that the total cost is the function of fixed + variable cost.

So, total cost = 22 * x + 8800

Where x is the number of units produced

You might be interested in
Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 45,800 comforters this year. Each comforter require
Nata [24]

Answer:

$1,456,440

Explanation:

Given that,

Budgeted production = 45,800

Direct labor hours per unit = 1.5

Cost of cutting and sewing labor = $21.20 per hour

Total direct labor hours required:

= Budgeted production × Direct labor hours per unit

= 45,800 × 1.5

= 68,700

Total direct labor cost:

=  Total direct labor hours required × cost per hour

= 68,700 × $21.20

= $1,456,440

8 0
3 years ago
How can you know if it’s a good time to start your business A. If you feel excited about it B. There’s never a bad time to start
joja [24]

Answer: A is not the correct answer

Explanation: i took the test the correct answer is D

4 0
3 years ago
Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550
ELEN [110]

Answer:

$3.00

Explanation:

Calaculation of the approximate overhead cost per unit of Product A under activity-based costing:

The first step is to calculate for the Activity 1 allocated to Product A line which is :

$87,000 × 3,000/5,800

=$261,000,000/5,800

=$45,000

The second step is to calaculate for Activity 2 allocated to Product A line which is :

$62,000 × 4,500/10,000

$279,000,000/10,000

=$27,900

The third step is to calculate for Activity 3 allocated to Product A line which is :

$93,000 × 2,500/7,750

=$232,500,000/7,750

=$30,000

The total overhead allocated to Product A

$45,000+$30,000+$27,900

= $102,900

Overhead per unit of Product A: $102,900/Annual production of 34,300 units

= $3.00

Therefore the approximate overhead cost per unit of Product A under activity-based costing will be $3.00

4 0
3 years ago
Training and development are roles filled by human resource specialists true or false
Agata [3.3K]
The answer is - false
3 0
2 years ago
Read 2 more answers
Ramses Corporation produces a product that passes through two processes. During April, the first department transferred 19,000 u
hram777 [196]

Answer: See explanation

Explanation:

A. The number of units started in the second department during April will be the number of units that is transferred in from the first department. This will be

= 19000 units

B. The number of units completed in the second department during April will be:

= Beginning units + Started Unit - Ending units

= 4000 + 19000 - 5500

= 17500 units

C. The number of units started and completed in the second department during April will be:

= Completed units - units in beginning WIP

= 17500 – 4000

= 13500 units.

3 0
3 years ago
Other questions:
  • What is the total stockholders' equity based on the following account balances?Common Stock $1,300,000Paid-In Capital in Excess
    14·1 answer
  • Speedy Print Shop bought a new photocopier to offer customers the opportunity to make high-quality copies out of their digital p
    10·1 answer
  • You have bought a house today at the price of $500,000. In the next two years, you will get a rent of $50,000 each year. In year
    7·1 answer
  • When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell A) the ou
    10·1 answer
  • The cyclical surplus is $450 billion, potential output is $10 trillion and tax rate is 15 percent. With this information, we can
    8·1 answer
  • 9. You decide to run a landing page experiment to test a new carousel which highlights your top performing products. Which two r
    14·1 answer
  • Masse Corporation uses part G18 in one of its products.
    11·1 answer
  • Channing Corporation makes two products (A1 and B2) that require direct materials, direct labor, and overhead. The following dat
    15·1 answer
  • Prices for airline tickets change on average about once per month. This would suggest that airline ticket prices are
    15·1 answer
  • What is the width of the product mix?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!