Using high-low method calculate and express the cost behavior in equation form 2) Predict the energy cost for a month with production of 26,000 pints of apple sauce
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1) Using high-low method calculate and express the cost behavior in equation form
2) Predict the energy cost for a month with production of 26,000 pints of apple sauce
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- Asiacell | XA9 § + VE M ".l 46 Asiacell امتحان يومي.docx .Q1/-A variable capacity 8000unit .sell units 6000units -production units 5000units .Finished good (31/12)1000$ .D. Expenses cost per unit 80$/u .V.F.O.H 60$/u .D. Marketing 30$/u .V.Ind. Marketing 40$/u F. cost 200000$ distributed :- .F.O.H 25% .Marketing 25% Administrative 50$ .sell price per unit 250$/u- R/prepare The cost statement using -Total costing theory. Variable costing theoryPS-10: Zurich:Company provldod Iho following.ilnformation porlainlng to he movement of jie Total P3,600 :7,000 raw matorlals lnvontory for: lho'month of Soptomber 2015: Quantly 300 500 400 500 400 100 100 Unit Cost P12 Boglnning balanco. 3 Rocolvod fromisuppllor. 9 :" İssued lo, prodúctlon; 16 Sept. 6,500 "Rocelvod from suppller 18. Issuodito prodüctlon. 21 Recelvod from:suppller . 26 Issuad to productlon 1,600 There were'no inventorles of Indirect materlals:" Řequired: Case 1-Calculate the costiof materials usediand ending inventory:ünder:each:of the following. FIFO-perlodic b FIFO-perpotual LIFO- periodíc LIFO – perpetual.: Average-periodie Average:- perpetuali Case 2- Assuming after physical inspęction on: September 30th; Zurich determined that there were only 480 units left on hand, calculatë the cost of rawmaterials and: ending inventory under each of the following: FIFO periodic. FIFO.- perpetual. LIFO=periodic. d: LIFO.- perpetual Average -periodic Average = perpetual CS Scanned…Value Quantity.. 45.00 Price.. Operating Inputs... Soybean seed Nitrogen (N). Phosphate (P205) Potash (K20). Pre-emergence Herbicide Post- emergence Herbicide Rent fertilizer Spreader Annual operating capital.... Dollar. Machinery labor Mach fuel, lube, repair Total operating costs .Units. Lbs. $11.25 0.250 ..3.75 Lbs.. Lbs. Lbs.. 15.00 40.00 0.250. 4.40 0.110 0.080. 40.00. 1.00 .3.20 14.02 .4.69 Acre 14.020 Acre. 4.690. 1.00 2.35 2.350 0.107. 6.000 1.00 23.34 2.03 Acre 2.49 12.16 Hour Dollar. 18.50 $76.81 Fixed costs Machinery: Interest at 10.675% Depreciation. taxes, insurance. Total fixed costs... ...Amount.. $184.00 Value $19.64 24.21 S 43.85 Production Soybeans Total receipts.... Retums above total operating costs. Retums above all specified costs Units Bushel Price... $5.90 Quantity. 34.00 Value $200.60 $200.60 $79.94 What is the total operating cost per acre? $2.46 $76.81 $79.94 O$120.66
- The Finance S x Foundationsc X Seafood - Eat x GWakefield, Rho x My Home * CengageNOW X /takeAssignment/takeAssignmentMain.do?invoker%3&takeAssignmentSessionLocator=&inprogress3-false * *: eBook Show Me How Equivalent Units of Production The Converting Department of Worley Company had 680 units in work in process at the beginning of the period, which were 40% complete. During the period, 14,400 units were completed and transferred to the Packing Department. There were 760 units in process at the end of the period, which were 25% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0". Worley Company Number of Equivalent Units of Production Direct Materials Conversion Whole Units Equivalent Units Equivalent Units Inventory in process, beginning 680 Started and complețed 13,720 13,720 V 13,720 Transferred to…(e) Product Blue Product Red £ £Selling £12.00 £24.00Variable cost £ 4.00 £ 8.00Contribution margin £ 8.00 £16.00Fixed costs apportioned £200,000 £400,000Budgeted Sales Units 140,000 60,000Required:Calculate the breakeven points, for each product and the company as a wholeand comment on your findingsStong Company ppies ovehead based on machine hun Ahe begn ancturng iehead wodbe S20000 and machine houn woud 20.000 y 20 end atal u 2 Ohe ba ofhisbmaton he20t premined ndacal 04 per achine hour per mache hou per mache hour O permachne hour $22 per machne houl
- Cost Allocation To: uality ontrol 78,400✔ 21,600 100,000) 0 Fabricating 140,600 28,800 20,000 S 189,400 S $ $ $ SA Finishing 9,820 X 21,600 50,000 81,420Question12 -/1 View Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is below: presented Cost Drivers by Product Activity Cost Pool Cost Driver Estimated Overhead Budget Deluxe Ordering and Receiving Orders $130,000 600 400 Machine Setup Setups 297,000 500 400 Machining Machine hours 1,000,000 150,000 100,000 Assembly 1,200,000 Parts 800,000 1,600,000 Inspection 550 Inspections 300,000 450 Compute the overhead cost per unit for each product. Production is 700,000 units of Budget and 200,000 units of Deluxe. (Round overhead cost per unit to 2 decimal places, eg. 12.25 and cost assigned to 0 decimal places, eg. 2,500.) Overhead cost per unit per unit Budget $ per unit Deluxe $ eTextbook and Media 9:25 PM ) 10/13/20... Question 4 QUIZ - CH 05 Exe ezto.mheducation.com Your Texas Benefits... G Google Sy simplify 28(x)=8700... myLoneStar Login CH 05 Exercises & Problems (Algo) i PƏAES Exercise 5-8 (Algo) Equivalent Units; Cost per Equivalent Unit; Assigning Costs to Units-Weighted- Average Method [LO5-2, LO5-3, LO5-4] Hellx Corporation uses the welghted-average method In Its process costing system. It produces prefabrlcated flooring In a serles of steps carrled out in production departments. All of the materlal that Is used In the first production department Is added at the beginning of processing In that department. Data for May for the first production department follow: Percent Complete Units Materials Conversion Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next prdduction department Materials cost added during May…
- H+ اضغط للعودة إلى الاجتماع 01:04:40 Moodle -> 54_BAAC 2101_Cost Accounting 1_S2 / äsle P Flag question Following data is given; Direct Expenses OMR10,000 Direct wages OMR 30,000 Direct materials OMR 10,000 Indirect wages are 50% of direct wages, indirect materials are 50% of direct materials and indirect expenses are 100% of direct expenses. Compute the Works Cost from the above data. a. 80,000 O b. 130,000 O c. 65,000 O d. 50,000https://camdenccinstructure.com/courses/3788/assignments/3. sions Question 4 rences View Policies orations Current Attempt in Progress PLUS Support Coronado Industries produces corn chips. The cost of one batch is below: Central се 365 $17 Direct materials Direct labor 12 ges 10 Variable overhead za Fixed overhead 14 An outside supplier has offered to produce the corn chips for $26 per batch. How much will Coronado Industries save if it accepts the offer? O $27 per batch O $3 per batch e $17 per batch O $13 per batch hp salDake Coporaton elevant ange of actvity s 2800 unts 060 unes henolloesDirect aterialsDirect laborVariable anfacturing verheadFixed manufacturing overbeadFived selling eNpeeseFixed adainistrative espeseSales commissioesVariable aninistrative eeseegeMule ChoceCest peatFor financial repotg parpses the otal amaut of arotuct coss ue t make &nee
