Using the high-low method, the variable cost per unit and the total fixed costs are

Q: Island Enterprises has presented the following Information for the past eight months operation Dnits…

A:

Q: Silver Products has presented the following information for the past eight months operations: Month…

A: There are three forms of cost :  1. Variable cost  2. Fixed cost 3. Semi-variable cost  The high-low…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

A: Solution:-a Calculation of the variable cost per unit of Using the high-low method as follows…

Q: The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost…

A: Answer with all workings are as follows.

Q: Question 5: The Information below is taken from production department of Salalah Company for April:…

A: We know that variable cost changes with the change in the amount of activity and fixed cost remains…

Q: The manufacturing cost of Mocha Industries for three months of the year are provided below:   Total…

A: Variable Cost: The cost which is not fixed is called as variable cost. This cost is directly…

Q: Caraco Corporation has provided the following production and average cost data for two levels of…

A: Fixed cost is the cost that doesn't change with the change in the output level. Fixed cost will…

Q: The following information pertains to the JAG Corporation for the month of July 100,000 units were…

A: Absorption Costing In the Absorption costing techniques the calculation of total cot of goods…

Q: 4. The following monthly data are available for Salalah Company which produces only one product:…

A: Given; SP/ Unit = RO 30 Variable Cost/Unit = RO 15 Fixed Expenses = RO 50,000 Sold Units = 10,000…

Q: Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months.…

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

Q: lavs Inc. collected the following production data for the past month: (See image) If the high-low…

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

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Variable costs: These are the costs that vary with the number of units produced. The more the units…

Q: The manufacturing cost of XYZ Company during October includes prime costs of OMR85,000. The…

A: Cost of goods manufactured: The cost of goods manufactured is the total costs incurred for the…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Unit Cost Highest Point  June 3,170   100,106   Lowest Point  April 1,560   97,208…

Q: In the month of September, Matiock Industries sold 800 units of product. The average sales price was…

A: The contribution margin is calculated as difference between sales and variable costs.

Q: The manufacturing cost of Calico Industries for three months of the year are provided below.…

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

Q: The following information for the past year for the Blaine Corporation has been provided: Fixed…

A: Sales revenue = 10000*$18.32 = $183,200 Variable costs = $115,000 + $22,000 + $42,000 = $179,000…

Q: The following cost information was provided to you for analysis:                            August…

A: Cost can be segregated as fixed, variable, and semi-variable cost (mixed cost). Fixed cost is that…

Q: At an activity level of 9,700 machine-hours in a month, Falks Corporation's total variable…

A: There are two types of costs in the business. One is fixed costs and other is variable costs.

Q: Frazier Manufacturing Company collected the following production data for the past month: Units…

A:

Q: The manufacturing costs of Mocha Industries for 3 months of the year are as follows: Total Cost…

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

Q: A pro-forma cost sheet of a company provides the following particulars: Elements of Cost Amt. Per…

A: Working capital is estimated by calculating each and every component of current assets and current…

Q: The manufacturing cost of Calico Industries for three months of the year are provided below.…

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

Q: uring the month of August, Amer Corporation produced 12,000 units and sold em for P20 per unit.…

A: The variable cost per unit remains constant but total variable cost changes with change in level of…

Q: The manufacturing cost of Mocha Industries for three months of the year are provided below: Total…

A:

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

A: High - low method is used to divide variable cost and fixed cost from the limited data available on…

Q: For the current year Furniture Company incurred the following:   Month Delivery Costs # of…

A: High low method is a method of cost estimation under cost at highest level of activity and lowest…

Q: The following is actual data from the two months of operations. Pounds Shipping expense 350 $61,250…

A: SOLUTION- SHIPPING COST- IT IS A COST INCURRED BY A FIRM IN TRANSPORTING THE PRODUCT TO A THIRD…

Q: In the month of September, Matlock Industries sold 800 units of product. The average sales price was…

A: Formula used: Break even point in dollars = Break even point in units x Sales price per unit

Q: Babuca Corporation has provided the following production and total cost data for two levels of…

A: Cost of manufacture is the amount of the product produced in the manufacturing unit that includes…

Q: Determine the break-even point in terms of number of units produced per month using the following…

A: Calculation of Variable Cost per unit: Labor Cost               = 115 Cost of Material      =  76…

Q: The cost of producing an item is as follows: Labor cost per unit = P315.00 Material cost per unit =…

A: Break even units = (Fixed cost/overhead) /contribution margin per unit

Q: 10 In July, TPM Co. incurred total costs of $60,000 and made 6000 units. In December it produced…

A: Fixed cost is the cost which do not change or remains same at all activity level. Variable cost per…

Q: The manufacturing costs of Calico Industries for three months of the year are provided below:…

A: High low method of cost determination is used to differentiate the variable cost and fixed cost.…

Q: 8 During the month of May, Jackson Inc. found that the direct labor cost totaled $15,000. If direct…

A: Prime costs in the business means direct material costs and direct labour costs. Conversion costs…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Formula: Variable cost per unit = ( High cost - low cost ) / ( Higher production units - lower…

Q: The manufacturing costs of Calico Industries for three months of the year are provided below:…

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

Q: The standard direct labor cost to produce 1 pound of output for Not Company is presented below.…

A: Formula: Direct labor efficiency variance = ( Actual hours x standard rate ) - ( Standard hours x…

Q: The manufacturing costs of Calico Industries for three months of the year are provided below: Total…

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

Q: Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places,…

A: High low method is a method which takes into account cost at highest level of activity and cost at…

Q: Sheffield Manufacturing Company collected the following production data for the past month: Units…

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

Q: Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6…

A: Compute the variable cost per unit using the high-low method.

Q: The manufacturing costs of Mocha Industries for 3 months of the year are as follows:…

A: High low method of cost estimation is a method by which costs at highest level of activity and…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

A: Variable costs are those costs that directly vary with the level of activity, i.e. it increases with…

Q: The manufacturing costs of Calico Industries for three months of the year are provided below:…

A: The high low method is used to split out mixed costs into variable cost and fixed cost.it can be…

Q: a.  Using the high-low method, determine the variable cost per unit. Round your answer to two…

A: High - low method is used to divide variable cost and fixed cost from the limited data available on…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

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