Connell Co. collects the following data concerning a mixed cost, using miles as the activity level.                         Miles Driven          Total Cost January            10,000                    $17,000

Q: The Barnett Company has assembled the following data pertaining to certain costs that cannot be…

A:

Q: If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $421,800,…

A: Under variable costing method, goods are valued at variable cost only. Under absorption costing…

Q: The Garvis Company uses an absorption-costing system based on standard costs. Variable manufacturing…

A: a. Describe whether variable costing or absorption costing is more likely to lead to such buildups:…

Q: Full Throttle Delivery Co provided the following information for costs of its delivery fleet. Month…

A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…

Q: variable manufacturing costs are $14 per unit and total fixed manufacturing costs are $463,600, what…

A: Solution: Under variable costing, manufacturing cost per unit include only variable manufacturing…

Q: e total maintenance cost of the lowest month is RM1,500 and the variable cost per unit is RM1.25…

A: Solution: Fixed portion of the mixed cost = Total cost of lowest month - variable cost = 1500 -…

Q: Thomas Train has collected the following information over the last six months. Month Units produced…

A: High-low method considers Highest Activity Units and Lowest Activity unit and their total cost.…

Q: Moratti Inc. has computed the following unit costs for the year just ended: • Direct material used •…

A: Formula: Unit product cost under Absorption costing = Direct materials + Direct labor + Variable…

Q: Gigondas Incorporated had the following information: Avtivity Driver Unit Variable Cost Level of…

A: Setup Cost = 1,000 x 40 = 40,000 Engineering cost = 60 x 1,000 = 60,000 Required Unit = Fixed…

Q: If variable manufacturing costs are $9 per unit and total fixed manufacturing costs are $274,500,…

A: The calculation of manufacturing cost per unit using Variable Costing Concept and Absorption Costing…

Q: Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity…

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

Q: M.G. Gabon, REB, accumulates the following data concerning a mixed cost, using units produced as the…

A:

Q: Al Jarda Co. the following data related to its mixed costs, using miles as the activity level. Miles…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: NUBD Co. had income of P65,000 using absorption costing for the period. Beginning and ending…

A: Increase in inventory = 18,000 - 12,000 = 6,000 units If there is an increase in inventory, variable…

Q: . has only variable costs and fixed costs.  A review of the company's records disclosed that when…

A: Fixed costs are those costs which remains constant at any level of activity within a relevant range…

Q: The Johnson Company uses an absorption-costing system based on standard costs. Variable…

A: Absorption costing system It is a managerial accounting method for recording all costs associated…

Q: Using the information below from Planters, Inc., what is the cost per un under both variable and…

A: Using absorption costing, the product cost comprises of fixed and variable cost. Using variable…

Q: For XYZ Company, the following information related to costs is available for the last quarter:…

A: Under absorption costing, Product cost =direct material +direct labour +manufacturing variable…

Q: what was the high level of activity in units

A: Answer:   Option e.

Q: XYZ Company uses the high low method to analyze the mixed cost. According to the cost formula…

A: Total Cost = Fixed Cost + Total Variable Cost

Q: Henry Company has established the following standards for the costs of one unit of its product. The…

A: Note: Since we are entitled to answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit…

Q: Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: These methods are used for determining the cost based on the high and low cost.

Q: Gigondas Incorporated had the following information: Avtivity Driver Unit Variable Cost Level of…

A: Formula: Unit Contribution margin = Selling price per unit - Variable cost per unit

Q: Given the following cost and activity observations for Bounty Company's utilities, use the high-low…

A: Solution Given   Cost Machine Hours March $3,100 15,000       April 2,700…

Q: HL Co. uses the high-low method to derive a total cost formula. Using a range of units produced from…

A: Determine variable cost per unit.

Q: The Garvis Company uses an absorption-costing system based on standard costs. Variable manufacturing…

A: Compute the total cost per unit.

Q: Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Requirement a: Compute the variable cost per unit Zeigler Inc.

Q: Company has decided to use the high-low method to estimate the total cost and the fixed and variable…

A: Under high-low method, we have to separate fixed and variable cost from given limited amount of…

Q: The following information relates to Everstream Ltd: Variable manufacturing cost 500 Applied…

A: Fixed cost is the cost that remains same at all level of production, even at zero level of…

Q: Cullumber Company accumulates the following data concerning a mixed cost, using miles as the…

A: Formulas: Variable cost per unit = Change in total cost / Change in miles -----------------------…

Q: XYZ Company uses the high low method to analyze the mixed cost . According to the cost formula…

A: Total fixed cost = $10,000 Cost at low level of activity = $25,000  Units at low level of…

Q: Given the following cost and activity observations for George Company’s utilities, use the high-low…

A: Variable utilities cost per machine hour=Highest activity cost-Lowest activity costHighest machine…

Q: Given the following cost and activity observations for Bounty Company's utilities, use the high-low…

A: Introduction: The cost of electricity, temperature, sewer, and water ingested during a reporting…

Q: Cost Relationships The following costs are for Optical View Inc., a contact lens manufacturer:Output…

A: Cost is referred to the amount which is incurred for transferring the goods from raw material to…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

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

Q: For XYZ Company, the following information related to costs is available for the last quarter:…

A: Total product cost = Direct material + direct labor + variable overhead

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

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

Q: Given the following cost and activity observations for Leno Enterprises' utilities, use the high-low…

A: Variable costs refer to the costs that tend to change with the level of output.

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Highest level of activity is at 90000 units.  Lowest level of activity is at 60000 units

Q: If variable manufacturing costs are $13 per unit and total fixed manufacturing costs are $198,900,…

A: Solution: Introduction: In Variable costing method, only variable costs are included as product…

Q: If variable manufacturing costs are $10 per unit and total fixed manufacturing costs are $196,100,…

A: Manufacturing cost per unit (Absorption costing) = Variable manufacturing costs + Total fixed…

Q: Using the high low method, Hadley Company calculated the variable cost as $2.5 per unit. The high…

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

Q: For XYZ Company, the following information related to costs is available for the last quarter:…

A: Following are the answers to the given questions

Q: The Garvis Company uses an absorption-costing system based on standard costs. Variable manufacturing…

A: Recast the 2017 statement as shown below.

Q: Given the following cost and activity observations for Bounty Company's utilities, use the high-low…

A: High point = 18,050 Machine Hours Low point = 10,326 Machine Hours   The difference in cost of high…

Q: Lagle Corporation has provided the following information:   Cost per Unit   Cost per Period Direct…

A: The cost can be classified into two categories i.e fixed cost and variable cost. The  FIxed cost…

Q: The Garvis Company uses an absorption-costing system based on standard costs. Variable manufacturing…

A:

Q: Crane Company accumulates the following data concerning a mixed cost, using miles as the activity…

A: The high-low method  of computing Variable cost per unit involves taking the highest level of…