Calculate the variable costs, fixed costs

Assignment Help Accounting Basics

Reference no: EM13135237

XYZ Company incurred the following costs for the month of August when it observed an activity level of 10,000 units.

During October, the activity level was 16,000 units, and the total costs incurred were $150,000.

a. Calculate the variable costs, fixed costs, and mixed costs incurred during October.

b. Use the high-low method to calculate the cost formula for mixed costs.

c. If the activity level were expected to be 13,800 units for the month of December, what amount of total costs would be expected?

Reference no: EM13135237

Questions Cloud

Determine the required sales in dollars to meet the target : Determine break even in dollars for 2011. Determine the required sales in dollars to meet the target net income during 2011. List at least two ways Pitre Company could earn their target net income of $175,000:

Calculate the operating income for july : Preppy Co. makes and sells a single product. The current selling price is $30 per unit. Variable costs are $21 per unit, and fixed expenses total $90,000 per month. Sales volume for July totaled 12,000 units.

How many moles remain unused : if 7.0 moles of sulfur atoms and 10 moles of oxygen molecules are combined to form the maximum amount of sulfur trioxide, how many moles of which reactant remain unused at the end?

What amount of the acquired earnings and profits deficit : What amount of the acquired earnings and profits deficit of $30,000 can be used to offset Shipyard's current earnings and profits for 2011?"

Calculate the variable costs, fixed costs : XYZ Company incurred the following costs for the month of August when it observed an activity level of 10,000 units.

How much travel costs can jackson deduct per year : Jamison owns a cabin in Mammoth and travels there for maintenance three times a year. The round trip to Mammoth from San Diego where Jamison lives, is approximately 450 miles. How much travel costs can Jackson deduct per year related to his renta..

Diameter sphere is embedded in insulation : A 4 m diameter sphere is embedded in insulation. The sphere contains a liquid-ice mixture maintained at 0 deg C. The ambient temperature surrounding the insulation is 25 deg C.

Financially acceptable investment : How large would the annual net cash inflows from the intangible benefits have to be to make this a financially acceptable investment?

Find an estimated life of ten years : Brave Industries is considering buying a machine for $180,000 with an estimated life of ten years and no salvage value. The straight-line method of depreciation will be used. The machine is expected to generate net income of $12,000 each year. The..

User Account

All Pages