Calculate the variable cost, Cost Accounting

Assignment Help:

Workmen shoes accumulated the following production and cost data for the past 5 months.

1132_Calculate the Variable Cost.png

i) Using the high/low method calculate the variable cost per unit and the fixed costs for Workmen shoes

ii) What is the cost equation?

iii) What are estimated total overhead costs for production of 1,500 units?

Related Discussions:- Calculate the variable cost

Price to set on the job, Bakeson Bearings Ltd is preparing to submit a bid ...

Bakeson Bearings Ltd is preparing to submit a bid for a bearings order. Janet Lake, CEO of the Manufacturing Division, has asked Jason Docker, the management accountant, to prepa

Compute the estimated value of inventory stolen at kji, The following are t...

The following are three independent situations where the reporting entity for which financial statements are being prepared are underlined. Every company has a December 31, 2012 ye

Behavioral classification of costs, Behavioral Classification of Costs ...

Behavioral Classification of Costs Definition Cost behavior refers to the change in costs as increase or may decrease like the output level changes that are like we risin

Internal users of accounting information, Describe the ways in which the ne...

Describe the ways in which the needs of internal and external users of accounting information are the same and different.

Create the consolidated statement of comprehensive income, Question ...

Question The statements of comprehensive income for three entities for the year ended 30 September 2009 are presented below: SOT PB UV

Decision making, Decision Making Nature of Decision-making Deci...

Decision Making Nature of Decision-making Decision-making may fall into any type of the following categories as: 1. Short run operational decisions 2. Short run t

Standard cost, Standard Cost It is especially serious that you establi...

Standard Cost It is especially serious that you establish a link between standard budgets and costs. At this point, you require putting in your mind to standard costs one the

ANGLE OF INCIDENCE., ANGLE OF INCIDENCE CHART

ANGLE OF INCIDENCE CHART

What is the dollar amount of direct material a, Win Corporation sells a sin...

Win Corporation sells a single product. Budgeted sales for the year are anticipated to be 609,725 units, estimated beginning inventory is 107,791 units, and desired ending inventor

Standard cost, Standard Cost A predetermined cost is representing the i...

Standard Cost A predetermined cost is representing the ideal or norm achievable through an organization. Standard costs form the basis of a standard cost system used extensivel

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages