Kassena Nakana West District Assembly led by the Chief Executive Officer has asked you as a...
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Kassena Nakana West District Assembly led by the Chief Executive Officer has asked you as a consultant to advise on the planned one district one factory policy as the Assembly plan to establish a Dawadawa Factory. The following recorded data for the past six months on site were presented to you. Month 1 Total cost in (GHC) 6,500 6,200 6,400 6,500 6,700 5,400 iii) Activity levels (tons) 80 60 72 75 83 66 Required: i) Estimate the fixed cost per month and variable cost per unit using linear regression analysis for the Dawadawa Factory. ii) Estimate the total cost for the following activity level when 75 tons and 90 tons of dawadawa paste is produced for the market. What is the fixed cost when the total cost of GHe8,500 is incurred by the factory? iv) Outline the steps when you decide to use High and Low method for cost segregation. Kassena Nakana West District Assembly led by the Chief Executive Officer has asked you as a consultant to advise on the planned one district one factory policy as the Assembly plan to establish a Dawadawa Factory. The following recorded data for the past six months on site were presented to you. Month 1 Total cost in (GHC) 6,500 6,200 6,400 6,500 6,700 5,400 iii) Activity levels (tons) 80 60 72 75 83 66 Required: i) Estimate the fixed cost per month and variable cost per unit using linear regression analysis for the Dawadawa Factory. ii) Estimate the total cost for the following activity level when 75 tons and 90 tons of dawadawa paste is produced for the market. What is the fixed cost when the total cost of GHe8,500 is incurred by the factory? iv) Outline the steps when you decide to use High and Low method for cost segregation.
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Related Book For
Auditing The Art And Science Of Assurance Engagements
ISBN: 9780136692089
15th Canadian Edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan, Joanne C. Jones
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