Winston Company's high and low level of activity last year was 60,000 units produced in April...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Winston Company's high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in December. Machine maintenance costs were $52,000 in April and $20,000 in December. Using the high-low method, estimated total maintenance cost for a month in which 40,000 units will be produced is O $40,000. O $36,000. O $34,667. O not determinable with the information given. Winston Company's high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in December. Machine maintenance costs were $52,000 in April and $20,000 in December. Using the high-low method, estimated total maintenance cost for a month in which 40,000 units will be produced is O $40,000. O $36,000. O $34,667. O not determinable with the information given.
Expert Answer:
Answer rating: 100% (QA)
B 36000 Variable cost per unit 80 change in total costs 52000 20000 high minus ... View the full answer
Related Book For
Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
Posted Date:
Students also viewed these accounting questions
-
Gribble Company's high and low level of activity last year was 60,000 units of product produced in May and 20,000 units produced in November. Machine maintenance costs were $156,000 in May and...
-
Simon Company's high and low level of activity last year was 60,000 units of product produced in May and 20,000 units produced in November. Machine maintenance costs were $78,000 in May and $30,000...
-
You are evaluating the acquisition of a new ski machine. Its price is $200,000, and it costs $40,000 to install. It falls into the MACRS 3-year class. The machine will save the firm's operating costs...
-
Goddard Company has used the FIFO method of inventory valuation since it began operations in 2015. Goddard decided to change to the average cost method for determining inventory costs at the...
-
Studies show that massage therapy has a variety of health benefits and it is not too expensive (The Wall Street Journal, March 13, 2012). A sample of 10 typical one-hour massage therapy sessions...
-
Data theft is a bigger problem in e-business transactions than money theft. (True/False)
-
If gas is put in a closed container, it will expand and fill the container entirely and total pressure will drop. (True/False)
-
DataPoint Engineering is considering the purchase of a new piece of equipment for $240,000. It has an eight-year midpoint of its asset depreciation range (ADR). It will require an additional initial...
-
If you were asked to justify the study of leadership, how would you do it? What is your leadership style? What do you see as your personal strengths and limitations when it comes to your leadership...
-
Troys Tires sells a certain brand tire which has a daily demand that is normally distributed, with a mean of 15 tires and a standard deviation of 4 tires. (In your model use integers for all...
-
Packard Corporation reports the following information: Net cash provided by operating activities $210,000 Net cash used by investing activities $60,000 Net cash provided by financing activities...
-
Using Babylonian notation calculate 405 + 768.
-
Using Egyptian notation and method calculate 22 48 and 713 31.
-
In 2015, a survey of first year university students in Brazil was conducted to determine if they knew how to activate the Mobile Emergency Attendance Service (MEAS). Of the 1,038 respondents (59.5%...
-
According to the Bureau of Labor Statistics, the official unemployment rate was 5.8% among Blacks and 3.1% among Whites in February 2020. (This was just one month before the massive increase due to...
-
For a test of \(\mathrm{H}_{0}: p=0.50\), the sample proportion is 0.35 based on a sample size of 100 . a. Show that the test statistic is \(z=-3.0\). b. Find the \(\mathrm{P}\)-value for...
-
How does he define science? In why do people believe in weird things?
-
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
-
Prepare a balance sheet as of June 30, for the J. L. Gregory Company, using the following data: Accounts payable Accounts receivable Accrued expenses Accumulated depreciation 241,000 505,000 107,000...
-
In January 1991, management of the Kansas City Works of Armco's Midwestern Steel Division began implementing a new performance measurement system. Bob Nenni, Director of Finance for the Midwestern...
-
Phil Brooks, president of Woodside Products. Inc., called Marilyn Mynar into his office one morning in early July 1993. Ms. Mynar was a business major in college and was employed by Woodside during...
-
A membrane separator is \(3 \mathrm{~mm}\) in diameter, and the membrane permeability was estimated as \(2 \times 10^{-6} \mathrm{~m} / \mathrm{s}\). The solute being transported has a diffusivity of...
-
Develop a simple backmixed model to evaluate the performance of a gas-separation system. Here a feed gas enters a high-pressure chamber with a mole fraction of A of \(x_{\mathrm{Af}}\) and leaves...
-
Derive an expression for \(D \boldsymbol{v} / D t\) in cylindrical coordinates. Define the nabla operator in cylindrical coordinates and let it be dotted with a vector. Expand and use the chain rule,...
Study smarter with the SolutionInn App