Calculate the variable cost, Cost Accounting

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?

Posted Date: 2/19/2013 1:09:51 AM | Location : United States







Related Discussions:- Calculate the variable cost, Assignment Help, Ask Question on Calculate the variable cost, Get Answer, Expert's Help, Calculate the variable cost Discussions

Write discussion on Calculate the variable cost
Your posts are moderated
Related Questions
Semi Variable Costs Are costs along with both a fixed and variable cost component? The fixed component is such portion that is constant irrespective of the level of activity.

Gerona Company authorized the sale of $300,000 of 10%, 10-year debentures on January 1, 2008. Interest is payable on January 1 and July 1. The entire issue was sold on April 1, 200

Accounting Records - Nature and Purpose of Cost Accounting The quantitative information employed in the management and cost accounting systems can be obtained from with two ac

The government of a small South Pacific island is considering whether to allow development of a small but valuable deposit of phosphate rock. Not having the resources to develop an

Absorption vs. Variable Costing Varilux manufactures a single product and sells it for $10 per unit. At the beginning of the year there were 1,000 units in inventory. Upon further

ADVANTAGES OF COST ACCOUNTING 1.         It helps in efficient decision making. 2.         It assists in cost drop. 3.         It is useful in obsession of selling price

Capability Maturity Model Integration (CMMI) is a process development approach that gives organizations with the essential elements of effective processes. It can be used to gui

During the dinner hour, the distribution of the inter-arrival time of customers at Burger Barn is predictable to be as follows: Inter-arrival Time Probabi

1. The following three one-year "discount" loans are available toyou: Loan A: $120,000 at a 7 percent discount rate Loan B: $110,000 at a 6 percent discount rate Loan

Absorption Costing and Marginal Costing Product costs are costs identified along with goods produced or purchased for resale. That costs are initially identified like part of