User Account

All Pages

Find what will utility costs be projected to be

Assignment Help Managerial Accounting
Reference no: EM132638701

Corporation uses the high-low method to analyze cost behavior. You as controller have determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year:

Month            Utilities              Machine Hours

January          $8,700                     800

February           8,360                    720

March              8,950                    810

April               9,360                     920

May                  9,625                950

June                 9,150                 900

Question a. Determine the cost equation.

Question b. What is the variable cost per unit?

Question c. What are the total fixed costs?

Question d. If there are 980 machine hours, what will utility costs be projected to be?

Reference no: EM132638701

Questions Cloud

Purpose of the public health accreditation board : What is the purpose of the Public Health Accreditation Board? Do you feel it has been successful in its goals?
Determine the shoe department should be closed : Your supervisor has asked you to determine whether the shoe department should be closed and the effect upon income if closed.
Evaluate strengths and weaknesses of the provider : Evaluate strengths and weaknesses of the provider evaluation process described in the case. What useful steps were taken? Do you see any problems?
Determine the upper and lower control units for a p-chart : a. Determine the upper and lower control units for a p-chart using a sample size of 20.
Find what will utility costs be projected to be : If there are 980 machine hours, what will utility costs be projected to be? What is the variable cost per unit? Determine the cost equation.
Ensure a better organizational change : Using Kotter's 8 step change model to address Dunkin's Donuts failure when entering the Indian Market
How create formula to express the behavior of the firm : How Create formula to express the behavior of the firm's production costs. (Use the form Y = a + bX, where X denotes the quantity of sausage produced.)
Calculate cost of goods manufactured and cost of goods sold : Calculate cost of goods manufactured. During the year, the company purchased $100,000 of raw material and incurred $340,000 of direct labor costs.
Profitability in the hospitality industry in the ksa : Write Literature Review. Determining factors affecting profitability in the hospitality industry in the KSA

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is the cumulative markup of the department in dollars

What is the cumulative markup of this department in dollars and percentage? (You may want to use the grid below to help your calculation.)

  Prepare the necessary entries to record transactions

Prepare the necessary entries to record transactions related to intangibles. All costs incurred were for cash and make the entries as of December 31, 2012, recording any necessary amortization.

  Outline the disadvantages of how the bonus was paid

Outline the advantages and disadvantages of how this bonus was paid. Suggest any improvements on the method of awarding this bonus fairly

  Is the operating income good or bad

In July, XYZ, Inc., a merchandising company, had sales of $295,000, Is the operating income good or bad, and why? Make Income Statement in good form for July.

  Aerotoy company makes toy airplanes

Aerotoy Company makes toy airplanes. One plane is an excellent replica of a 737; it sells for 5$. Vacation Airlines wants to purchase 12,000 planes at $1.75 each to give to children flying unaccompanied.

  Draw a multi-product break even chart for fitness first co

Draw a multi-product break even chart for Fitness First Co. Label fully both axes, any lines drawn on the graph and the break even point.

  How much of the correspondence cost assigned to department

How much of the correspondence cost will be assigned to Department X? Bill Cobb Corporation had the following activities, pooled costs for each activity

  Calculate the total profits for the most profitable customer

Calculate the total profits for the most profitable customers - Determine the total and per-unit costs of manufacturing the Gas Cooker

  Keeping problems hidden from others

Give an example of "keeping problems hidden from others" that you have observed in your own organization. (The organization used in this example may be your current or past employer, a volunteer organization, your church

  What the profit margin for steam boat is

$2,000,000, income from operations amounting to $290,000, and a desired minimum rate of return of 20%. The profit margin for Steam Boat is

  Prepare a production cost report for the month of july

Prepare a production cost report for the month of July.

  Alexandro velez and nikhail arora of back to the roots

Alexandro Velez and Nikhail Arora of Back to the Roots must understand manufacturing costs to effectively operate and succeed as a profitable and efficient business.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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