Question
In: Accounting
MONTH UNITS TOTAL COSTS PRODUCED January 12,500 $430,000 February 17,000 $490,000 March 19,000 $512,000 April 10,000...
MONTH UNITS TOTAL COSTS PRODUCED
January 12,500 $430,000
February 17,000 $490,000
March 19,000 $512,000
April 10,000 $400,000
May 14,000 $434,000
June 9,000 $360,000
July 20,000 $550,000
August 21,000 $525,000
September 24,000 $605,000
October 23,000 $589,000
November 28,000 $702,000
December 18,000 $496,000
1) From this information, what are my approximate fixed costs and what is my estimated variable cost per product produced? (20 POINTS) Fixed Costs = Variable Cost per Unit =
2) If I manufacture 35,000 units this month, what are my projected total costs? (10 POINTS) Total Costs =
3) If my total costs this month can not exceed $600,000, approximately how many units can I produce? (10 POINTS) Units produced =
4) Produce a figure of your choosing that presents Units Produced for each month. (20 POINTS)
Solutions
Expert Solution
Question 1:
Question 2:
Question 3:
Question 4:
** Please feel free to leave a comment if any more explanations are required. Please hit the thumbs up button if it was helpful.
Thank You..!!
ekkarill92 answered 2 years agoRelated Solutions
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January
February
March
April
May
Total Coffee sales (units)
15,000
16,000
17,500
18,000
14,500
Your friend, MATT, has been running a successful coffee shop for
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Total Coffee
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Your friend, Chris Coffee, has been running a successful coffee
shop for the last couple of years. He has
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February
March
April
May
Total Coffee sales (units)
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16,000
17,500
18,000
14,500
Your friend, Chris Coffee, has been running a successful coffee
shop for the last couple of years. He has asked you to put together
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told Chris his depreciation expense was going to be $1,800 per
year, using the straight-line method. He has supplied you with the
following information (above) to...
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1. Month Total Maintenance Cost Production Volume (units) January $ 1,980 1,850 units February $ 1,800...
1.
Month
Total Maintenance Cost
Production Volume (units)
January
$
1,980
1,850
units
February
$
1,800
1,500
units
March
$
2,200
2,600
units
April
$
2,180
2,275
units
May
$
2,300
2,750
units
Using the high-low method, the variable rate for maintenance
is:
Multiple Choice
$0.40.
$0.75.
$1.50.
$2.00.
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Units Produced
Inspection Costs
January
415
$
6,100
February
365
$
5,624
March
434
$
6,315
April
449
$
6,453
May
391
$
5,874
June
366
$
5,627
July
441
$
6,380
August
392
$
5,887
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depends on units produced.
Using the least-squares regression method, the estimate of the
fixed component of inspection cost per month is closest to:
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