Montana Company reports the following total costs at two levels of production. Classify each cost as variable,
Question:
Montana Company reports the following total costs at two levels of production.
Classify each cost as variable, fixed, or mixed.
Transcribed Image Text:
5,000 Units 10,000 Units Indirect labor Property taxes Direct labor Direct materials Depreciation Utilities Maintenance $ 6,000 $ 3,000 7,000 27,000 22,000 4,000 3,000 9,000 7.000 54,000 44,000 4,000 5,000 11,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
Variable costs Indirect labor ...View the full answer
Answered By
Shadrack Mulunga
I am a Biochemistry by profession. However, I have explored different fields of study. My quest to explore new fields has helped me gain new knowledge and skills in Business, clinical psychology, sociology, organizational behavior and general management, and Project Management. I count my expertise in Project management, in particular, creation of Work Break Down Structure (WBS) and use of Microsoft Project software as one of my greatest achievement in Freelancing industry. I have helped thousands of BSC and MSC students to complete their projects on time and cost-effectively using the MS Project tool. Generally, I find happiness in translating my knowledge and expertise to success of my clients. So far, i have helped thousands of students to not only complete their projects in time but also receive high grades in their respective courses. Quality and timely delivery are the two key aspects that define my work. All those who hired my services always come back for my service. If you hire my services today, you will surely return for more. Try me today!
5.00+
154+ Reviews
289+ Question Solved
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Dousman Company reports the following total costs at two levels of production. Classify each cost as variable, fixed, ormixed. 5,000 Units 10,000 Unis Indirect labor Property taxes Direct labor...
-
Helena Company reports the following total costs at two levels of production. Classify each cost as variable, fixed, ormixed. 5,000 Units 3,000 7,000 28,000 22,000 4,000 5,000 9,000 10,000 Units...
-
Amanda Company reports the following total costs at two levels of production. Classify each cost as variable, fixed, or mixed. 5,000 Units 10,000 Units Indirect labor Property taxes Direct labor...
-
Kendall Corners Inc. recently reported net income of $4.8 million and depreciation of $600,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For...
-
Reitmans (Canada) Limited reported the following selected information as at January 31, 2015 (in thousands): Accumulated amortization-soft ware........................................$ 8,184...
-
Examine how the rank of the stoichiometric matrix can be used to reduce the number of equations to be solved. For example, if there are \(n_{\mathrm{s}}\) components and \(n_{\mathrm{r}}\) equations...
-
Milken Manufacturing has three product lines. The companys new accountant, Marvin LaSance, is responsible for allocating facility-level costs to these product lines. Mr. LaSance is finding the...
-
# Case Information: Aritzia Inc. The objective of this exercise is to develop your ability to perform a comprehensive analysis on a set of financial statements. Use the 2022 annual report of Aritzia...
-
Astromet is financed entirely by common stock and has a beta of 1.0. The firm pays no taxes. The stock has a price-earnings multiple of 10 and is priced to offer a 10% expected return. The company...
-
Gore Companys fixed overhead costs are $3 per unit, and its variable overhead costs are $8 per unit. In the first month of operations, 50,000 units are produced, and 47,000 units are sold. Write a...
-
Amanda Company accumulates the following data concerning a mixed cost, using units produced as the activity level. (a) Compute the variable and fixed cost elements using the high-low method.(b)...
-
Find an equation of the hyperbola whose foci are the vertices of the ellipse 4x 2 + 9y 2 = 36 and whose vertices are the foci of this ellipse.
-
What are some generalized cross-cultural assumptions about motivation? Consider Hofstedes dimensions.
-
International managers know that a countrys laws are a reflection of its culture, religion, and traditions. Briefly explain common law, civil law, and Islamic law.
-
Leadership in the digital world is different in many ways. What are some of the demands that a digital platform places on leaders in leading their employees?
-
Why does technological communication require more cultural sensitivity than face-to-face communication? What are some examples where the communication process may be affected?
-
Why is the persuasion negotiation stagewhere the hard bargaining startschallenging for international managers?
-
Which of the following is not true about data objects? a. They are modeled with a document icon. b. They represents data that are only available for the duration of the process. c. They are linked to...
-
What is the order p of a B + -tree? Describe the structure of both internal and leaf nodes of a B + -tree.
-
A single-phase, 150-kVA, 460/120-V transformer has 5% impedance and 97% efficiency. Find its series R and X in percent and in ohms looking from the HV side source.
-
Schmeltz Industries organized in January and recorded the following transactions during its first month of operations: Jan. 5 Purchased materials on account for $800,000. Jan. 9 Used materials...
-
Crenshaw uses a job order costing system to account for projects. It applies manufacturing overhead to jobs on the basis of direct labor hours and pays its direct labor workers $25 per hour. The...
-
Crenshaw uses a job order costing system to account for projects. It applies manufacturing overhead to jobs on the basis of direct labor hours and pays its direct labor workers $25 per hour. The...
-
A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is invested in the fund at the start of each year, beginning immediately and continuing up to and including...
-
Durco Automotive needs a $2 million balance in its contingency fund 3 years from now. The chief financial officer (CFO) wants to know how much to deposit now into Durco's high-yield investment...
-
3. Create a chart for gross margin less R&D and capital costs calculations. a. Calculate gross margin less R&D and capital costs for options A and B. b. Graph total gross margin less R&D and capital...
Study smarter with the SolutionInn App