Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine thecompany's pizzas production cost behavior.JanuaryFebruaryMarchAprilMayJuneRequired:A. Use the high-low method to estimate:• The variable costs per unit produced• The total fixed costs (Pizzas produced (X)5,0003,2004,0005,2004,5003,0003).• Express the cost behavior in an equation form (1.Total Production Costs(Y)$4,300$2,950$3,300$4,490$3,450$2,840B. Predict the production cost that will be incurred when 5,500 pizzas are prepared (C. Find the number of prepared pizzas if the total cost of production is $5,090 (

Cost of production: It is the cost incurred in producing the goods or providing the services. It is…

Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the company's pizzas production cost behavior. January February March April May June Required: A. Use the high-low method to estimate: • The variable costs per unit produced -- . The total fixed costs ( اد Pizzas produced (X) 5,000 3,200 4,000 5,200 4,500 3,000 • Express the cost behavior in an equation form (1. Total Production Costs (Y) $4,300 $2,950 $3,300 $4,490 $3,450 $2,840 B. Predict the production cost that will be incurred when 5,500 pizzas are prepared ( C. Find the number of prepared pizzas if the total cost of production is $5,090 ( ).

Lukaku's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the company's pizzas production cost behavior. January February March April May June Required: A. Use the high-low method to estimate: • The variable costs per unit produced -- . The total fixed costs ( اد Pizzas produced (X) 5,000 3,200 4,000 5,200 4,500 3,000 • Express the cost behavior in an equation form (1. Total Production Costs (Y) $4,300 $2,950 $3,300 $4,490 $3,450 $2,840 B. Predict the production cost that will be incurred when 5,500 pizzas are prepared ( C. Find the number of prepared pizzas if the total cost of production is $5,090 ( ).

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter11: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 22E: Total cost method of product pricing Based on the data presented in Exercise 17, assume that Smart...

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