User Account

All Pages

What the fixed portion of the cost is

Assignment Help Financial Accounting
Reference no: EM132632463

As part of a cost study, the cost accountant of Rod Laman Inc. has recorded the cost of operations at seven different levels of material usage. This information is shown as follows:

Kilos of Materials              Cost of Operations

100                                 P1,000

75                                  600

25                                     400

150                                       1,500

175                                           1,600

50                                                  600

125                                                1,300

Sum of the kilos (X) 700 Sum of the costs Y) P7,000

Sum of kilos multiplied by costs ((XY)) P852,500

Sum of the kilos squared ((X)2) 87,500

Problem 1: Using the least squares method, the fixed portion of the cost is

A. P109

B. P129

C. P200

D. P271

Reference no: EM132632463

Questions Cloud

What the present value of the lease payments for schaad corp : Schaad Corporation has entered into an eight-year lease, If the discount rate is 14%, what's the present value of the lease payments?
Identify health issue-social or economic disadvantages : While diversity is often considered a strength of the United States, Identify a health issue that is linked with social or economic disadvantages.
What is the net present value of the project for brodigan co : The expected life of the project and the equipment is three years, and the equipment has zero salvage value. What is the net present value of the project?
What communication skills are required as a broker : What communication skills are required as a broker?
What the fixed portion of the cost is : As part of a cost study, the cost accountant of Rod Laman Inc. has recorded, Using the least squares method, the fixed portion of the cost is
Humanistic psychology : Carl Rogers assumed the position that people are innately good. Given your experience in world events, do you agree with Rogers's position?
What issues are we seeking to address in our community : Develop organisation development plan and What issues are we seeking to address in our community - Organisational Development Plan
Describe in detail issues and leadership dynamics you see : Describe in detail the issues and leadership dynamics you see. In what environment, or world, does the leader view the organization as existing?
Applying for a variable rate home loan : For a client who has a full time job, what documents should be collected for applying for a variable rate home loan?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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