Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. family fun time, inc. makes board games. the follo

Family Fun Time, Inc. makes board games. The following data pertains to the last six...

90.2K

Verified Solution

Question

Accounting

image

Family Fun Time, Inc. makes board games. The following data pertains to the last six months: Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Direct Labor Hours Manufacturing Overhead 45,000 $295,000 64,000 $320,000 57,000 $323,000 52,000 $247,250 34,000 $178,200 31,000 $164,500 Based on this data, what is the linear cost equation? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.) A. y = $4.71X + $18,560 B. y = $0.21X + $155,500 O C. y = $4.21X + $32,900 OD. Cannot be determined from information given

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Physics
1.2K views

Wi-Fi RF Linearization can you explain this topic in a simple way to make me understand...

Mechanical Engineering
1.2K views

Would the four metals: nickel, titanium (well. the three boats I'm using would melt before this...

Physics
1.2K views

1) A human cannonball is launched straight up from the top of 100- meter-high rampart at...

Electrical Engineering
1.2K views

current vs. voltage curve for the 1n4148 diode. The DC sweep should be from 0.01 to...

General Management
1.2K views

The following are two case study examples from NASA’s Aviation Safety Reporting System (ASRS), in the...

Accounting
1.2K views

A company borrowed at 4.38% compounded semi-annually to purchase equipment, agreeing to make payments of...

Accounting
1.2K views

Transaction analysisvarious accounts Prepare an answer sheet with the column headings shown here. For each...

Accounting
1.2K views

On January 1,2025, Concord Corporation issued $540,000 of 7% bonds, due in 10 years. The...

Accounting
1.2K views

Pixel Studio, Inc. is a small company that creates computer-generated animations for films and television....

Accounting
1.2K views

The following section is taken from Gordon Corp. 's balance sheet at December 31, 2020....

Accounting
1.2K views

Agua Puro is a distributor of bottled water. For each of the items, compute the...

Finance
1.2K views

A stock's return has the following distribution: Calculate the stock's expected return. Round your answer...