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The following data is available regarding costs and units:Observation Machine-hours Total Operating CostsJanuary 4,000 $45,900February 5,000 52,500March 3,400 44,025April 4,400 48,000May 4,500 49,200Required:a. Use the high-low method to determine variable cost per unit and the fixed costs.b. If June's estimated machine-hours total 4,200, what are the total estimated costs of the Machining Department? What are the costs per hour?Variable Cost Per Unit ___________________________________Fixed Costs ____________________________________Costs @ 4,200 units ____________________________________Cost Per Hour @ 4,200 ____________________________________
tHE FIRST SECTION ASSIGEMTN ANSWER FOR HAMPSHIR COMPANY DECISIONS
direct vs. indirect method
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distinguish between bin card and store ledgre
The Zooline Company (Pty) Ltd is an American based company that focuses on the LSM 8 -10 markets. They do vehicle interiors, raise or lower suspensions and install top end sound sy
A firm uses capital and labor to produce a single output good. The production function is given by F(K, L) = K 2 L where K is the amount of capital and L is the amount of labor em
What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what ty
Gustav Ltd commenced operations on 1 July 2011 and presents its first statement of comprehensive income for the year ending 30 June 2012 and first statement of financial position a
Labour Variances From our basic data, we can calculate the labour variances as given as: i. Labour Rate Variance = (AH x AR) - (AH x SR)
STANDARD COSTING STANDARD COSTING is a method, which uses standards for costs and revenues for the idea of control by variance analysis. It can be used either through operation
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