Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Periods Total Cost No.of Units January February 23,000 200 24,550 230 March 25,800 260 April May 27,650 300 29,280 340 June 30,300 360 July 31,550 390 Select one: O a. Y-14000+45*X O b. Y=19000+25 X OCY-15000+55*X O d. Y=12500+40*X

Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Periods Total Cost No.of Units January February 23,000 200 24,550 230 March 25,800 260 April May 27,650 300 29,280 340 June 30,300 360 July 31,550 390 Select one: O a. Y-14000+45X O b. Y=19000+25 X OCY-15000+55X O d. Y=12500+40*X

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...

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The following table shows a summary of the available data on the five products for October for the year 2020: Tables Chairs Libraries Windows frames Reception Room Number of units produced 6000 4000 4000 20000 4000 Number of units sold 3000 3600 2800 1400 2400 Sales price per unit 100 40 140 24 280 Weighted unit 12 4 12 4 8 The Requirements: Allocation of the common cost among the previous five products during the month of October of the year 2020, using the weighted weights method and preparing a detailed table accordingly, showing how to allocate the joint cost of (300,000 dinars). Determine the average cost per unit for each product from the joint cost after the allocation. In the month of June 2020, during the production of the products of the company, it appeared that it had an occasional sub-product, which is a frame of art paintings, and the company sold it for 1600 dinars, but it paid 400…