What total overhead cost would you expect to be incurred at

Reference no: EM13481548

Nova Company's total overhead cost at various levels of activity are presented below: Month Machine- Hours Total Overhead Cost April 52,500 $ 205,200 May 42,000 $ 180,000 June 63,000 $ 230,400 July 73,500 $ 255,600 Assume that the total overhead cost above consists of utilities, supervisory salaries, and maintenance. The breakdown of these costs at the 42,000 machine-hour level of activity is: Utilities $ 54,600 Supervisory salaries 64,000 Maintenance 61,400 Total overhead cost $ 180,000 Nova Company's management wants to break down the maintenance cost into its variable and fixed cost elements. Requirement 1: Estimate how much of the $255,600 of overhead cost in July was maintenance cost.

Maintenance cost $ Requirement 2: Using the high-low method, estimate a cost formula for maintenance. Y = $ + $ X Requirement 3: Express the company's total overhead cost in the linear equation form Y = a +bX. Y = $ + $ X Requirement 4: What total overhead cost would you expect to be incurred at an operating activity level of 46,200 machine-hours? Total overhead costs $ check my workeBook Links

Reference no: EM13481548

Questions Cloud

Chapman company obtains 100 percent of abernethy companys : chapman company obtains 100 percent of abernethy companys stock on january 1 2009. as of that date abernethy has the

Sanderson company has the following production data for : sanderson company has the following production data for march no beginning work in process units started and completed

I the amount accumulated in part a does not equal 100000 : starla has decided to retire in 12 years. she has 44400 available today and wants to invest the money to supplemement

Prepare journal entries to record the preceding information : during fy 2014 the voters of surprise county approved construction of a 21 million police facility and an 11 million

What total overhead cost would you expect to be incurred at : nova companys total overhead cost at various levels of activity are presented below month machine- hours total overhead

The note received on november 1 and the companys year-end : abc inc. has a 6-month 10000 note receivable bearing 12 apr interest. the note received on november 1 and the companys

Sweeten company had no jobs in progress at the beginning of : sweeten company had no jobs in progress at the beginning of march and no beginning inventories. it started only two

Could you please describes the courses of action the ima : could you please describes the courses of action the ima recommends in resolving ethical conflict? other than what is

Salad daze maintains an inventory of produce worth 390 its : salad daze maintains an inventory of produce worth 390. its total bill for produce over the course of the year was

User Account

All Pages