Solution-Determine the estimated variable cost rate

Determine the estimated variable cost rate

Assignment Help Managerial Accounting

Reference no: EM133154070

Question - The Western Company presents the production and cost data for the first six months of the 2015.

Month	Units produced	Mixed costs ($)
January	15000	45000
February	18000	56000
March	22000	60000
April	16000	48000
May	30000	75000
June	26000	62000

Required - Using the high-low point method, determine the followings:

1. Estimated variable cost rate.

2. Fixed cost.

3. Also determine the cost function based on data given above.

Reference no: EM133154070

Questions Cloud

How risk of physical damages relate to property management : How risk of physical damages relate to property management? Answer must contain 5-10 sentences.

Describe the patterns of fdi and the significant impact : Describe the patterns of FDI and the significant impact this form of international trade has on the global trading system Regional trade agreements are essentia

What are the key challenges in strategy implementation : What are the key challenges in strategy implementation? What are some barriers to success, and what can you do about them?

Prepare management reports and budgets : Each of the scenarios highlights a decision point in a typical small business where outsourcing payroll should be considered. For each scenario, you will need t

Determine the estimated variable cost rate : The Western Company presents the production and cost data for the first six months of the 2015. Determine the estimated variable cost rate

Importance of financial stewardship to a church : How can you communicate the importance of financial stewardship to a church?

What is the current policy direction : What is the current policy direction or policy priorities for the Ontario Arts Council?

Provide an overview of colorado springs ellicott district : Provide an overview of Colorado Springs Ellicott district 22 (e.g., demographics, faculty experience).

Explain the three forms of data-mining analysis : Explain the three forms of data-mining analysis and explain how your company can use it to gain BI? Detail the value add of business intelligence to the company

User Account

All Pages

Determine the estimated variable cost rate

Reference no: EM133154070

Reference no: EM133154070

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT