loader  Loading... Please wait...

Question(s) / Instruction(s):

167.     The Janice Company has provided the following information:

Units of Output

 

20,000

32,000

 

 

 

 

 

Direct materials

 

$180,000

$252,000

 

 

Workers' wages

 

1,080,000

1,512,000

 

 

Supervisors' salaries

312,000

312,000

 

 

Equipment depreciation

151,200

151,200

 

 

Maintenance

 

81,600

110,400

 

 

Utilities

 

384,000

528,000

 

 

 

 

 

Total

 

$2,188,800

$2,865,600

Using the information provided, compute the total cost function and estimate the total cost at 27,000 units of output

168.      Given the mixed cost function Y = $350,000 + $25X and assuming that X = $9.000, answer the following questions:

     a.     What is the total fixed cost?
     
     b.     What is the total variable cost?

     c.     What is the total cost?
     

169.     The Viking Company has provided the following information:

Direct

 

 

Month

 

Factory Overhead

Labor Hours

 

 

January

$92,095

4,600

 

 

February

103,056

5,280

 

 

March

83,802

3,760

 

 

April

89,594

4,320

 

 

May

108,694

5,720

 

 

June

87,404

3,880

a.     Using the high low method, calculate the total fixed factory overhead cost and the variable factory overhead cost per direct labor hour.

     b.     Prepare the cost function.

     c.     What would the total factory overhead cost be at a level of 5,000 hours?

170.     The Strongsville Recreation Center is planning its annual fundraiser. The event committee has developed the following budget for the event.

 

 

 

Ballroom rental

 

$1,900

 

Entertainment

 

$2,500

 

Printing

 

$500 + $7 per guest

 

Food

 

$25 per guest

 

Decorations and favors

$800 + $3 per guest

The committee expects that 3,000 people will attend the event.

a.     Compute the fixed and variable components of the maintenance department costs using the high low method.

     b.     Prepare the cost function.

     c.     If Strongsville Recreation Center charges $200 per person, how much money will be raised by this event?

Find Similar Answers by Subject


Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)


Expert's Answer
Download Solution:
$2.50

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)



Reach Us

408-538-8534

20-3582-4059

39-008-4233

+1-408-904-6494