If Sheffield uses the high-low method to project costs for the next quarter, what total cost equation will the company use? O Total cost = $66800+ $26/unit x Quantity
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- Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs? D. If 29,000 units are produced, what are the total variable costs? E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the total manufacturing overhead costs incurred? G. If 30,000 units are produced, what are the per unit manufacturing overhead costs incurred? H. If 15,000 units are produced, what are the per unit manufacturing overhead costs incurred?The cost data for Evencoat Paint for the year 2019 is as follows: Using the high-low method, express the companys maintenance costs as an equation where x represents the gallons of paint produced. Then estimate the fixed and variable costs. Predict the maintenance costs i190,000 gallons of paint are produced. Predict the maintenance costs if 81,000 gallons of paint are produced. Using Excel, create a scatter graph of the cost data and explain the relationship between gallons of paint produced and equipment maintenance expenses.
- Crane Company collected the following production data for the past quarter: Units Month Produced March April May 5000 4000 3400 Total Cost $190000 170000 142000 If Crane uses the high-low method to project costs for the next quarter, what total cost equation will the company use? Total cost $0+ $100/unitx Quantity O Total cost $74000+ $20/unit x Quantity Q Total cost-$57000+ $25/unit x Quantity O Total cost $40000+ $30/unit x QuantityAssume XYZ Company intends to produce 15000 units next month. Calculate total production costs for the month if fixed cost is 9000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units a. 110000 OMR b. 120000 OMR c. 125000 OMR d. 159000 OMRRainbow Inc's products are given below. If the company's total labor capacity is 3200 hours/week, which of the products should be produced in a week? Regarding with this plan what will be the total sales and total variable costs of the firm per week? Labor Total Hour Price VC / Demand Product / Unit / Unit Unit (unit) ХС610 2 2,500 1,000 300 XD740 4 3,100 1,500 250 ZS650 3 1,850 750 400 ST340 2,250 975 500
- Exxarro Llimited is considering pricing and costing for the year ahead. The following data based on expected production and sales of 15 000 units are provided for analysis:Variable manufacturing costR1 185 000Fixed manufacturing costR510 000Sales commissionR5 per unit soldFixed administration costR130 000SalesR210 per unit Study the information provided above and answer the following questions independently:4.1 Calculate the break-even sales value. 4.2 Calculate the sales volume required to achieve a profit of R 800 000. 4.3 Suppose Exxaro Limited is considering a decrease of 10% per unit in the selling price of the product with the expectation that it would increase sales volume by 10%. Is this a good idea? Motivate your answer with relevant calculations.Yanks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units produced in a month is 200, what would be the total cost?Assume XYZ Company intends to produce 20000 units next month. Calculate total production costs for the next month if fixed cost is 18000 OMR Total Variable cost 100000 OMR and the Units produced is 10000 Units in the current month. Select one: O a. 200000 OMR O b. 210000 OMR O c. 250000 OMR O d. 218000 OMR
- clarks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units produced in a month is 200, what would be the total cost? a) $7,170 b) $7008.50 c) $8,700 d) $7,800Summersville Production Company had the following projected information for the current year: Selling price per unit $150 Variable cost per unit $90 Total fixed costs $300,000 What is the contribution margin ratio? a.0.600 b.2.500 c.0.400 d.1.667Jerome Company has manufactured a product and has provided you the following relevant range of 30,000 to 50,000 units produced and sold annually: Units produced and sold 30000 40000 50000 Particulars Units Units Units Total Costs: Variable Costs $ 180,000 S 300,000 $ 480,000 ? ? Fixed Costs ? ? Total Costs ? ? Costs per Unit: Variable cost ? ? ? Fixed cost ? ? ? Total cost per unit: You are required to calculate net operating income if the company produces and sells 45,000 units during the year at a selling price of $16 per unit. a. Net income for the year is $250,000 b. Net income for the year is $150,000 c. Net income for the year is $175,000 d. Net income for the year is $215,000
