Total cost and number of units in the first seven months of 2021 are given below. According to this information, which of the following will be total cost in August if the company produces 860 units? Periods Total Cost No.of Units January      36,800 400 February      37,580 415 March      39,400 450 April      40,960 480 May      42,260 505 June      43,820 535 July       44,860 555 Select one: a. 60720 b. 53650 c. 51900 d. 51360

Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: The cost equation is calculated using high - low method of separating variable and fixed cost from…

Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: Total cost is the sum of all the cost incurred in manufacturing of the product. It includes all the…

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A: A high low method is used to separate the mixed cost into fixed cost and variable cost. In this…

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A: As per high low method of cost estimation, variable cost per unit and total fixed costs are…

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A:

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Q: During 2019, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable…

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A: Formula: Total cost = Variable cost + Fixed cost.

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A:

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Q: ABC Company has monthly requirement of 900 units of Material B. The ordering cost per delivery is…

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A:

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A: Cash Payment: A cash payment is when the receiver of goods or services hands over cash to the…

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A:

Q: Dan Wood Ltd commenced business on 1t January 2020 making one product only, which sells for K160 per…

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Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: Formula:

Q: Total cost and number of units in the first seven months of 2020 are given below. According to t…

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

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A: Formula: Theoretical velocity = Theoretical annual capacity / Production hours available

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A: Manufacturing costs paid in April = Manufacturing costs x 3/4 =  $158,600 x 3/4 = $118,950

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.