7. The following data pertains to activity and the cost of cleaning and maintenance for...
50.1K
Verified Solution
Question
Accounting
7.
The following data pertains to activity and the cost of cleaning and maintenance for two recent months:
Month 1 | Month 2 | |||
Production volume | 2,400 | units | 3,100 | units |
Cleaning and maintenance costs | $1,000 | $1,210 |
The best estimate of the total month 1 variable cost for cleaning and maintenance is: (Do not round intermediate calculations.) |
$220 | |
$420 | |
$720 | |
$20 |
8.
At an activity level of 8,500 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $708,900 and its total fixed production engineering cost is $168,210. What would be the total production engineering cost per unit, both fixed and variable, at an activity level of 8,900 machine-hours in a month? Assume that this level of activity is within the relevant range. (Do not round intermediate calculations.) |
$101.95 | |
$101.41 | |
$102.48 | |
$102.30 |
9.
Supply costs at Lattea Corporation's chain of gyms are listed below:
Client-Visits | Supply Cost | |
March | 11,660 | $28,574 |
April | 11,456 | $28,408 |
May | 11,988 | $28,832 |
June | 13,300 | $28,918 |
July | 11,720 | $28,635 |
August | 11,206 | $28,234 |
September | 12,000 | $28,833 |
October | 11,691 | $28,591 |
November | 11,839 | $28,716 |
Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to:(Round your Variable cost per unit to 2 decimal places.) |
$2.02 per client-visit; $28,636 per month | |
$.91 per client-visit; $17,471 per month | |
$0.37 per client-visit; $24,024 per month | |
$0.33 per client-visit; $24,529 per month |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.