User Account

All Pages

Determine the cost function for each cost

Assignment Help Accounting Basics
Reference no: EM131665428

Question: Account analysis, high-low. Stein Corporation wants to find an equation to estimate some of their monthly operating costs for the operating budget for 2018. The following cost and other data were gathered for 2017.

1289_11.png

1. Which of the preceding costs is variable? Fixed? Mixed? Explain.

2. Using the high-low method, determine the cost function for each cost.

3. Combine the preceding information to get a monthly operating cost function for the Stein Corporation.

4. Next month, Stein expects to use 400 machine hours, have 80 employees, and ship 9,000 units. Estimate the total operating cost for the month.

Reference no: EM131665428

Questions Cloud

Define an electronic health record : Define an electronic health record. Identify data elements within electronic health records.What data elements are present?
Discussion on working together to achieve a common goal : Post a brief introduction of your professional and/or educational background and current grade you teach or would like to teach.
Who got the better deal and by how much in todays dollars : Assuming a 10% interest rate, who got the better deal and by how much in today's dollars - Kristi Collmer and Ray Bergeron each received sign
Important to the overall success of the design : One element of the organizational structure is departmentalization. Why is the element important to the overall success of the design.
Determine the cost function for each cost : Account analysis, high-low. Stein Corporation wants to find an equation to estimate some of their monthly operating costs for the operating budget for 2018.
How much revenue should butterbur recognize : How much revenue should Butterbur recognize in 2017? What gross profit (loss) - if any - does Butterbur recognize on this contract in 2017
Advantages and disadvantages of the intervention : Discuss why you would select it to address your organization's problem (s) and the advantages and disadvantages of the intervention as they apply to your.
Develop a cost-volume-profit graph : The horizontal axis of each graph represents the units produced over the year, and the vertical axis represents total cost or revenues.
Discuss strenuous rehearsals for an upcoming production : A 23-year-old ballet dancer arrived at the Emergency Department after collapsing during a week of strenuous rehearsals for an upcoming production

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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