Determine the total variable material cost

Assignment Help Managerial Accounting
Reference no: EM132794471

The cost accountant of SINGTO CORPORATION determined that material cost is a mixed cost with units produced as the appropriate cost driver for the variable cost within the relevant range of 6,000 to 16,500 units produced.

Data for the corporation's six departments are as follows:

Department A

Material Cost=P 357,240.00

Unit Cost=13,200.00

Department B

Material Cost=313,900.00

Units Cost=11,000.00

Department C

Material Cost=390,730.00

Unit Cost=14,900.00

Department D

Material Cost=272,530.00

Unit Cost=8,900.00

Department E

Material Cost=363,150.00

Unit Cost=13,500.00

Department F

Material Cost=412,400.00

Unit Cost=16,000.00

Problem A. Using high-low method, use a cost formula for Material Cost following the format Y = mx + b, where y is the total material cost and x is the unit produced. =

Problem B. Determine the total variable material cost at 14,500 units. =

Problem C. Determine the total material cost at 15,400 units. =

Problem D. Determine the total material cost at 17,000 units

Reference no: EM132794471

Questions Cloud

Determine proposed net operating income : PERAYA Incorporated, which produces and sells a single product, Determine Proposed net operating income if sales increased by 1,500 units.
What is your average inventory : You manage inventory for your company and use a continuous review inventory system to control reordering items for stock.
Explain the aspects of six sigma quality management : -What are the similarities and differences between Total Quality Management and Six Sigma quality-management techniques.
Make an estimate of the company yearend inventory : Question - Retail Method of Estimating Inventory - Make an estimate of the company's yearend inventory using the retail method
Determine the total variable material cost : Using high-low method, use a cost formula for Material Cost following the format Y = mx + b, where y is the total material cost and x is the unit produced.
Impact health care reform legislation : What clarifies the positions and tools used by the various stakeholder groups to impact health care reform legislation?
What defines the bargaining zone in a negotiation : What defines the bargaining zone in a negotiation? How does a positive or negative bargaining zone affect the outcome of a negotiation?
How much depreciation expense will brush report : The company's fiscal year end is December 31. How much depreciation expense will Brush report in its 20X6 fiscal year-end financial statements?
What is management by objectives process : What is Management by Objectives process (MBO). Explain the characteristics of this important tool.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Describe why do think us accounting standards require

Describe, Given purpose of financial accounting, why do you think U.S. accounting standards require accrual basis accounting instead of cash basis accounting?

  What was the dollar value of the company inventory on may

Crystal Company's variable costing income statement, What was the dollar value of the company's inventory on May 31 under the absorption costing method?

  Raw materials budgeted to be purchased

The raw materials budgeted to be purchased for the period is equal to.

  What would factory overhead allocate per unit for each table

What would the factory overhead allocated per unit for each table be, using the department factory overhead allocation rates?3,750 units of production

  What the cost of goods manufactured for june was

Rediger Inc.,The manufacturing overhead cost applied to Work in Process was $53,400. The cost of goods manufactured for June was

  Determine the cost equation for seminars

Based on the variable cost per seminar and fixed cost per month calculated in A and B above, determine the cost equation for seminars.

  How compute the amount of accounts receivable reported

Memphis18 Company anticipates total sales for April, Compute the amount of accounts receivable reported on the company's budgeted balance sheet for June 30.

  Explain negative evidence for the choice that you rejected

It is important that you justify your choice. You should give reasons for your choice AND explain the negative evidence for the choice that you rejected.

  What is the YTM for each bond

Both Bond J and Bond K have 7.3 percent coupons, make semiannual payments, and are priced at par value of $1,000. What is the YTM for each bond

  How many units did have to sell in order to turn an economic

In the aftermath of a hurricane, entrepreneur took a one-month leave of absence, how many units did she have to sell in order to turn an economic profit?

  Find net realizable value of the accounts receivable

Amount of $460 was written off using the allowance method. Determine the net realizable value of the accounts receivable after the write-off.

  Computed on the basis of sales dollars

Computed on the basis of sales dollars. Johnson and Gomez, Inc., is a small firm involved in the production and sale of electronic business products.

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