Corporations total variable cost

Assignment Help Accounting Basics
Reference no: EM13123883

At an activity level of 2400 units, kloster corporation's total variable cost is $118,008 and its total fixed cost is $9000.

For the activity level of 2500 units, compute: (a) the total variable cost; (b) the total fixed cost; (c) the total cost. d. the average variable cost per unit, e. the average fixed cost per unit; and (f) the average total cost per unit. Assume that this activity level is within the relevent range.

Reference no: EM13123883

Questions Cloud

Gain-loss recognizing the sale : Patrice sells a parcel of land for $50,000 cash and the buyer assumes Patrice's liability of $7,000 on the land. Patrice's basis in the land is $40,000. What is the gain or loss she will recognize on the sale?
At what celsius temperature will the volume increase : A gas at 89.0°C occupies a volume of 0.67 L. At what Celsius temperature will the volume increase to 1.12 L
Which pure element would react violently with oxygen : Based on its position in the periodic table of the elements, which pure element would also react violently with oxygen and water?
Illustrate what should campbell record as net deferred tax : The disparity between book income and taxable income is attributable to a temporary difference which will reverse in 2012. Illustrate what should Campbell record as net deferred tax asset
Corporations total variable cost : At an activity level of 2400 units, kloster corporation's total variable cost is $118,008 and its total fixed cost is $9000.
Illustrate what are the expected cash receipts for march : If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, illustrate what are the expected cash receipts for March?
What volume of carbon dioxide is measured : Propane reacts with excess oxygen to produce carbon dioxide gas and water. What volume of CO2,measured at 27.2 °C and 0.918 atm, is produced from the reaction of 10.1 g propane with excess oxygen.
Is sample papers large enough to give a good estimate : Is a sample of 25 papers large enough to provide a good estimate of the mean score of all 42,000 students on this exam problem? Justify your answer.
Question regarding iteration : A single line divides a plane into two regions. Two lines (by crossing) can divide a plane into four regions, three lines can divide it into seven regions.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Preparation of segmented income statement

Prepare a new segmented income statement for the company using the above format. Show both amounts and percentages.

  Conditions for cash dividend payment

Why must preferred stock dividends be subtracted from net income in computing earnings per share? Why is common stock usually not issued at a price that is less than par value?

  Prepare quarterly adjustment entries in excel

The ledger of Welch Rental Agency Inc. on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared.

  Transaction-adjustment on appropriate balance sheet

Prepare an answer sheet with the column headings shown here. For each of the following transactions or adjustments, indicate the effect of the transaction or adjustment on the appropriate balance sheet category and on net income

  Designing tables of accounting cycle

Design at least two tables that could be used in a database for the hosting of information of your selected accounting cycle revenue cycle.

  Cost of common stock with no obligation to stockholders

When measuring the cost of capital, many companies measure the cost of the common stock in the company.

  What are retained earnings

What are retained earnings? What items increase the balance in retained earnings? What items decrease the balance in retained earnings?

  Determining quick ratio

Water works Inc has a current ratio of 1.33, current liabilities of 540,000 and inventory of 400,000. What is water works quick ratio

  Determining cash conversion cycle

Assume a firm's production process requires an average of 75 days to go from raw materials to finished goods sold. If the accounts receivable cycle is 90 days and the accounts payable cycle is 80 days

  Problem related to interest expense

Jane's Donut Co. borrowed $200,000 on January 1, 2009, and signed a two-year note bearing interest at 12%. Interest is payable in full at maturity on January 1, 2011. In connection with this note, what amount should Jane's report as interest expen..

  Prepare adjusting entries of welch rental agency

Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are: Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense.

  Steps for the accounting cycle

What are the eight steps in the accounting cycle and how do they affect the financial statements? What happens if one is missing?

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd