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Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31,2021. (Click the icon to see the account classification.) Benoit, Inc., produced 72,500 units of product in 2021. Benoit's management is estimating costs for 2022 on the basis of 2021 numbers. The following additional information is available for 2022. (Click the icon to see the additional information.) Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2022. Estimate total manufacturing costs for 2022. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2022 . The controller of the Stem Company wants you to estimate a cost function from the following two observations in a general ledger account called Maintenance: (Click to view the information.) Required 1. Estimate the cost function for maintenance. 2. Can the constant in the cost function be used as an estimate of fixed maintenance cost per month? Explain. Information Requirement 1. Estimate the Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31,2021. (Click the icon to see the account classification.) Benoit, Inc., produced 72,500 units of product in 2021. Benoit's management is estimating costs for 2022 on the basis of 2021 numbers. The following additional information is available for 2022. (Click the icon to see the additional information.) Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2022. Estimate total manufacturing costs for 2022. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2022 . The controller of the Stem Company wants you to estimate a cost function from the following two observations in a general ledger account called Maintenance: (Click to view the information.) Required 1. Estimate the cost function for maintenance. 2. Can the constant in the cost function be used as an estimate of fixed maintenance cost per month? Explain. Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31,2021. (Click the icon to see the account classification.) Benoit, Inc., produced 72,500 units of product in 2021. Benoit's management is estimating costs for 2022 on the basis of 2021 numbers. The following additional information is available for 2022 (Click the icon to see the additional information.) Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2022. Estimate total manufacturing costs for 2022. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2022 . Gonzalez Corporation manufactures a children's bicycle, model CT8. Gonzalez currently manufactures the bicycle frame. During 2023 , Gonzalez made 31,000 frames at a total cost of $961,000. Ryan Corporation has offered to supply as many frames as Gonzalez wants at a cost of $29.50 per frame. Gonzalez anticipates needing 35,000 frames each year for the next few years. Requirement 1. (a) What is the average cost of manufacturing a bicycle frame in 2023? How does it compare to Ryan's offer? The average cost of $ per frame is than Ryan's offer. Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31,2021. (Click the icon to see the account classification.) (Click the icon to see the additional information.) Required Account classification Requirement 1. Prepare a tal manufacturing costs for 2022. Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31,2021. (Click the icon to see the account classification.) Benoit, Inc., produced 72,500 units of product in 2021. Benoit's management is estimating costs for 2022 on the basis of 2021 numbers. The following additional information is available for 2022. (Click the icon to see the additional information.) Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2022. Estimate total manufacturing costs for 2022. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2022 . Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2021. (Click the icon to see the account classification.) Benoit, Inc., produced 72,500 units of product in 2021. Benoit's management is estimating costs for 2022 on the basis of 2021 numbers. The following additional information is available for 2022. (Click the icon to see the additional information.) Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2022. Estimate total manufacturing costs for 2022. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2022 . The controller of the Stem Company wants you to estimate a cost function from the following two observations in a general ledger account called Maintenance: (Click to view the information.) Required 1. Estimate the cost function for maintenance. 2. Can the constant in the cost function be used as an estimate of fixed maintenance cost per month? Explain. The controller of the Stem Company wants you to estimate a cost function from the following two observations in a general ledger account called Maintenance: (Click to view the information.) Required 1. Estimate the cost function for maintenance. 2. Can the constant in the cost function be used as an estimate of fixed maintenance cost per month? Explain. Benoit, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2021. (Click the icon to see the account classification.) Benoit, Inc., produced 72,500 units of product in 2021. Benoit's management is estimating costs for 2022 on the basis of 2021 numbers. The following additional information is available for 2022. (Click the icon to see the additional information.) Requirement 1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2022. Estimate total manufacturing costs for 2022. To assist you, begin by selecting the formula to calculate the variable cost for each account in 2022

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