Calculate fixed cost-variable cost

Assignment Help Managerial Accounting
Reference no: EM1348751

Calculate the unknowns for the following independent situations. All given activity levels are within the relevant range.

A) Total fixed costs for Company A are $250,000. Total costs, both fixed and variable, are $378,000 for Company A when 40,000 units are produced.

Calculate:
1) variable cost per unit
2) fixed cost per unit

B) Total fixed costs for Company Z are $200,000. Total costs, both fixed and variable, are $450,000 if 125,000 units are produced.

Calculate:

1) variable cost per unit
2) fixed cost per unit if 125,000 units are produced
3) total variable costs if production decreases to 100,000 units

C) Total variable costs are $300,000 if 50,000 units are produced. Total fixed costs are $150,000 if 35,000 units are produced.

Calculate:

1) unit variable cost
2) fixed cost per unit if 35,000 units are produced
3) total variable costs if 35,000 units are produced

Reference no: EM1348751

Questions Cloud

Describe the amount of deposit money and the size : Describe of the amount of deposit money and the size of the money multiplier. Explain these relationships.
Empirical research articles-positive psychology : Find 2 empirical research articles (from full-text empirical research journals) from the positive psychology literature on this topic. "Empirical Research Articles" and "Empirical Research Articles from Positive Psychology Journal.
The coefficient of static friction between tires and road : A vessel whose walls are thermally insulated contains 2.5 {rm kg} of water and 0.6 {rm kg} of ice, all at a temperature of 0.0 ^circ {rm{C}}. The outlet of a tube leading from a boiler in which water is boiling at atmospheric pressure is inserted ..
Solving financial problems : Penn Steelworks is a distributor of cold-rolled steel products to the automobile industry. All of its sales are on a credit basis, net thirty days. Sales are evenly distributed over its 10 sales regions throughout US.
Calculate fixed cost-variable cost : Calculate the unknowns for the following independent situations. All given activity levels are within the relevant range.
Explain allegedly both exploit the poor in poor countries : Explain allegedly both exploit the poor in poor countries and take jobs away from rich countries
What are these other agency relationships : What are these other agency relationships and how do you respond to this person? Do you accept or reject this view? Support your position.
Creating a payoff table for decision : Amy decided to select the best option which will minimize her total 36-month cost. Difficult is that Amy is not sure how many miles she will drive over next three years. Create payoff table for Amy's decision.
Cash conversion cycles for edison company : Edison Inc. has annual sales of $49,000,000, or $44,100,000 a day on a 365-day basis. The firm's cost of goods sold are 75% of sales. On average, the company has $9,000,000 in inventory and $8,000,000 in accounts receivable.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Question on segment margin

Martin Company is a two-division firm and has following information available for this year:

  Jung corporation direct materials budget-third quarter

The Jung Corporation's budget calls for following production:Quarter 1 45,000 units Quarter 2 38,000 units Quarter 3 34,000 units Quarter 4 48,000 units. Each unit of production needs three pounds of direct material.

  Babbel company-job-order costing

Babbel Company is a manufacturing firm that uses the job-order costing. The company's inventory balances were as follows the the beginning of the year

  Great outdoze company-variable cost of production

Great Outdoze Company manufactures sleeping bags, which sell for $67.00 each. The variable costs of production are as follows: Calculate the product cost per sleeping bag under (a) absorption costing and (b) variable costing.

  Cost considerations-operating effectiveness

Auditors should decide, based upon cost considerations, whether to test the design effectiveness or operating effectiveness of controls. Inquiry alone provides sufficient evidence to support operating effectiveness of a control.

  Company energy cost behavior

Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced.

  Discussion of normal costing system

When using a normal costing system, manufacturing overhead is applied using the ______________ manufacturing overhead rate and the _______________ quantity of allocation base.

  Variable costing-segment reporting

Michaels Company segments its income statement in its east and west divisions.The company's entire sales, contribution margin ratio, and net operating income are $600,000, 50%, and $50,000, respectively.

  Cost volume relationship

With possibility that the US Congress will relax restrictions on cutting old growth, a local lumber company is considering expanding its facilities. They can sell the lumber for .18 a board foot. The tax rate for company is 30%. The company has th..

  Process costing-solution set

The following information relates to activities in the mixing departments for June: Beginning WIP, June 1, 100,000 pounds. Cost in beginning WIP inventory were as follows:

  Sharpe corporation projected sales

Make a cash budget for Sharpe covering the first seven months of 2004. Sharpe has $200,000 in notes payable due in July that must be repaid or renegotiated for an extension. Will the firm have ample cash to repay the notes?

  Job order costing or process costing decision

Your CFO, in her initial work, needs to decide whether to set up a job order costing system or a process type costing system. She has asked you to make a recommendation based on the following information.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd