User Account

All Pages

What would be the expected total cost for a month

Assignment Help Accounting Basics
Reference no: EM133131026

Question - The management accountant of Ted & Co. is developing cost formulas for major overhead activities. The following information has been obtained regarding the behavior of the factory power costs over a number of months:

Month

Machine Hours

Power Cost ($)

January

 

February

 

March

 

April

 

May

 

June

3,000

 

2,200

 

2,000

 

1,600

 

2,500

 

2,800

13,570

 

12,250

 

11,265

 

10,905

 

12,655

 

13,530

Required -

(a)  Using the high-low method, calculate:

(i) The variable cost per machine hour.

(ii) Total fixed cost per month.

(b) What would be the expected total cost for a month when machines are operating for 2,900 hours?

Reference no: EM133131026

Questions Cloud

Corporate social responsibility and ethics : Consider the potential conflict between corporate social responsibility and ethics while maximizing share holder wealth.
What would be the amount of terminal loss : If James Co has no additions for the? year, and there are no assets remaining in the class at the end of the? year, what would be the amount of terminal loss
Explore a range of machine learning classifiers : Explore a range of machine learning classifiers, inspired by the various models and categories explored within the module and beyond
Conduct research into cultural characteristics : Conduct research into the cultural characteristics that you believe should be important considerations in establishing a core compensation program
What would be the expected total cost for a month : The management accountant of Ted & Co. is developing cost formulas for major overhead activities. What would be the expected total cost for a month
CMP9135M Computer Vision Assignment : CMP9135M Computer Vision Assignment Help and Solution, University of Lincoln - Assessment Writing Service - Critically evaluate and apply the theories
What is the most sales price he can afford : If the monthly principal and interest payment is $6.00 per $1,000 of loan amount, what is the most sales price he can afford
What are the arithmetic and geometric returns for the stock : A stock has had returns of 9%, 21%, 32%, -18%, 27%, and -12% over the last six years. What are the arithmetic and geometric returns for the stock
Business is poker game and we are all bluffing : Discuss why Goldman Sachs was a disciple of Albert Carr's theory of "business is a poker game and we are all bluffing."

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