Question: Please help me with these questions, thank you kindly may you be blessed. Month |Machine Hours| Power CostsMarch 2,780 $36,000{April 17,010 $55,600May 3,270 $39,300June 16,350
Please help me with these questions, thank you kindly may you be blessed.





Month |Machine Hours| Power CostsMarch 2,780 $36,000{April 17,010 $55,600May 3,270 $39,300June 16,350 $58,900Huly 6,540 $41,700August 19,300 $64,800[September 17,990 $58,900October 5,230 $38,900 Using the high-low method, prepare a cost formula for the power costs. Management has asked you to round the fixed costs to the nearest dollar and roundthe variable cost to the nearest penny. Part 1: What is the variable cost per activity? Be sure to round to the nearest penny (2decimal places). 1.74 A, Part 2:What is the fixed costs per month?Be sure to round to the nearest dollar (whole number). In addition, be sure to use the rounded answer from Part 1 for the variable costs inorder to calculate the fixed costs! NOTE: you can use the high or the low point in order to calculate the fixed costs. 31 A, Part 3:Using your answers to Part 1 and 2, develop a cost formula. Using that cost formula, calculate the total predicted costs if the level of activity was17,950. Round your answer to the nearest dollar (whole number). A Part 4:Develop an annual cost formula for power costs.What is the variable cost per activity in your cost formula? Be sure to round to the nearest penny (2 decimal places)? | & What is the fixed costs in the annual cost formula for power costs? Round your answer to the nearest dollar (whole number) A A futon manufacturer uses the futons as its cost driver. All direct labour is paid on anhourly basis and can easily changed by management. All other factory workers aresalaried. Review the following costs and MATCH it to the correct cost category: a variablecost or a fixed cost. | Power to drill holes in futon. frames. Cloth to cover the futon. frame. v Fuel for forklift truck. 1. Variable cost Depreciation on the factory 5 Fixed cost equipment.v Rent on factory equipment.Salary of factory . receptionist. QUESTION: Anna Inc. sells two products as follows: Product A |Product BUnits sold 3,800 4,750 Selling price per unit $300 $450 Variable costs per unit| $120 $270 The company has the following fixed costs: Product A, $613,000, Product B,$1,023,000, and common fixed costs of $410,000. Using the above information answer the following questions. What is the package contribution margin? HINT: this is a dollar value so please round to the nearest penny. | v What is the break-even in packages? | Y How many units of Product A are required to break-even? HINT: remember the entry rules for units. % How many units of Product B are required to break-even? HINT: remember the entry rules for units. & QUESTION:Morrow Inc. has the following information for the current year:Opening inventory (units)600Production (units)7,800Ending inventory (units)900Sales price (per unit)$310.00The company's accounting records provide the following information for the year:DescriptionAmount ($)Customer service dept. Costs102,300Administrative costs, head office107,000Maintenance manager salary (factory)88,400Factory insurance34,900Depreciation (head office)165, 100Salary, president160,400Direct Labour267,400Depreciation (factory)213,900Raw material purchases428,400Indirect materials88,400Indirect labour109,300Factory utilities55,800Opening WIP Inventory4,700Closing WIP Inventory9,000Opening raw materials inventory9,900Closing raw materials inventory8,200Opening Finished Goods Inventory16,300Closing Finished Goods Inventory21,900Using the above information, develop a Schedule of Cost of Goods Manufactured,Schedule of Cost of Goods Sold, and an Income Statement. Use the information toanswer the following questions.What is the total Direct Materials Used from the Schedule of Cost of GoodsManufactured?What is the total Direct Labour from the Schedule of Cost of Goods Manufactured?A/What is the total Manufacturing Overhead costs from the Schedule of Cost of GoodsManufactured?A/What is the total Cost of Goods Manufactured from the Schedule of Cost of GoodsManufactured?What is the total Cost of Goods Sold from the Cost of Goods Sold Statement?What is the total Operating Income, also called Income before Income Taxes, fromthe Income Statement? QUESTION:Jennifer, a Raptor fan, plans to make Tshirts for the basketball fans.Expected sales300unitsSelling price$40per capDirect material$9per capDirect labour$4per capVariable overhead$3per capVariable selling commission$2per capFixed sell. & admin. expense | $800totalFixed factory overhead$1,000totalUsing the above information answer the following questions.What is the total variable cost per unit?AWhat is the total fixed costs?What is the contribution margin per unit?What is the contribution margin ratio?HINT: Remember the entry rules for percentages.What is the break-even number of T-shirts?What is the variable cost ratio?HINT: Remember the entry rules for percentages.What is the break-even in sales dollars?The company would like to earn a target income of $3,060. How many T-shirts willthe company have to sell in order to earn this target income?The company would like to earn a target income of $3,060. The total sales revenuerequired to earn an income this target income is $_
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