Total fixed cost element of the mixed component

Assignment Help Financial Accounting

Reference no: EM13755506

Peterson Company incurred the following high and low maintenance costs totals during 2010: $370,000 at 20,000 units of activity during March and $274,000 at 12,000 units during August.

Instructions: Use the high-low method to compute the variable cost per unit and the total fixed cost element of the mixed component. (Variable cost per unit = $12; Total fixed costs = $130,000)

Reference no: EM13755506

Questions Cloud

Describe the importance of the nile : Describe the importance of the Nile and some of the civilizations it supported. Explain the relationship between the East African tribes and the Middle East.

Debt service fund for the bond : On January 1, 2014, the Town of Walton issued $ 5,000,000 of 4% tax supported bonds. The bonds are dated January 1, 2014 with interest payment dates of June 30 and December 31. The first of 10 annual principal payments is due on December 31, 2014.

The bay of pigs invasion : Conduct a literature and an Internet search on the topics of the Challenger disaster and groupthink. Then, discuss how groupthink might have created decision-making problems for NASA and its booster contractor. Cite at least two sources in your an..

Contribution margin per unit and contribution margin ratio : Heely Company manufactures a product that sells for $50 per unit. Heely incurs a variable cost per unit of $35 and $2,400,000 in total fixed costs to produce this product. They are currently selling 200,000 units. Compute the contribution margin per ..

Total fixed cost element of the mixed component : Peterson Company incurred the following high and low maintenance costs totals during 2010: $370,000 at 20,000 units of activity during March and $274,000 at 12,000 units during August. Instructions: Use the high-low method to compute the variable cos..

Write a history paper on the saraha desert : Write a History paper on The saraha Desert. In this Audio Inquiry you will listen to a brief tutorial that studies the history of the Sahara Desert and what has made it the earth's largest desert.

Cost assigned to the units transferred to finished goods : In the month of April, a department had 500 units in the beginning work in process inventory that were 60% complete. These units had $40,000 of materials costs and $30,000 of conversion costs. Materials are added at the beginning of the process and c..

Making a good decision in your life or business : Discuss your feelings about bounded awareness and its various components. How has bounded awareness prevented you from making a good decision in your life or business?

Adds raw materials to a process at the beginning of process : A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout the process. For the month of January, there were no units in the beginning work in process inventory; 80,000 units were sta..

User Account

All Pages