Mama's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine...
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Mama's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the company's pizzas production cost behavior. Total Production Costs Pizzas produced (X) (Y) January 500 4300 February 320 2950 Мarch 400 3300 April 520 4470 Мay 450 3450 June 300 2820 Required: A. Use the high-low method to estimate: • The variable costs per unit produced (15 points). • The total fixed costs (20 points). • Express the cost behavior in an equation form (5 points). B. Predict the cakes production costs that will be incurred when 600 pizzas are prepared (20 points). Chau Mama's Bakery is a local bakery that operates in Kuwait. Their controller is trying to determine the company's pizzas production cost behavior. Total Production Costs Pizzas produced (X) (Y) January 500 4300 February 320 2950 Мarch 400 3300 April 520 4470 Мay 450 3450 June 300 2820 Required: A. Use the high-low method to estimate: • The variable costs per unit produced (15 points). • The total fixed costs (20 points). • Express the cost behavior in an equation form (5 points). B. Predict the cakes production costs that will be incurred when 600 pizzas are prepared (20 points). Chau
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Pizza produced Total production cost 4470 A 2820 B 1650 AB A High l... View the full answer
Related Book For
An introduction to management science quantitative approaches to decision making
ISBN: 978-1111532222
13th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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