Question: need help with these two problems please HW-Ch18 Question 14 of 14 -/5 !!! The controller of Oriole Production has collected the following monthly expense





HW-Ch18 Question 14 of 14 -/5 !!! The controller of Oriole Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs Total Total Electricity Costs Machine Hours January $2400 250 February 3.010 360 March 3,570 500 April 4.790 690 May 3.150 410 June 4.930 740 July 4110 630 August 530 September 5.010 665 October 630 November 3320 30 December 6.990 760 el 1/16 8 R T Y Jalwe A/5/21 2/ xcv G H K on 2 . Question 14 of 14 -75 (a Determine the foed- and variable-cost components using the high-low method. Fixed-costs $ Variable costs $ Textbook and Media Assistance Used e Textbook 1 Textbook 2 b) Type here to search O E el 12:51 7/16 6 8 E R C . 0 P A s D F G H J . N C V B. N . Ch18 Question 14 of 14 -15 (b) What electricity cost does the cost equation estimate for a level of activity of 500 machine hours? Electricity costs $ By what amount does this differ from Marchis observed cast for 500 machine hours? Amount differ $ e Textbook and Media Type here to search 9 125 - 8 E R 7 P s G H K X V B Z . Question 14 of 14 (c) What electricity cost does the cost equation estimate for a level of activity of 740 machine hours? Electricity costs $ By what amount does this differ from June's observed cost for 740 machine hours? Amount differ $ e Textbook and Media Assistance Usca Save for Later Type here to search Attempts: unlimited Submit Answer o i 4 5 6 7 00 9 E R Y c o Is S P D G H J K V B M Question 10 of 14 1.5/3 E Current Attempt in Progress Cullumber Company estimates that variable costs will be 70.00% of sales, and fixed costs will total $468,000. The selling price of the product is $5. Your answer is correct la) Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales 312000 units 121 Break-even sales 5 1560000 eTextbook and Media Type here to search Assistance Used 9 12:51 AM 7/1/ 8 w E R T Y 0 s D G H JK X V B N M Question 10 of 14 1.5/3 E X Your answer is incorrect. Ich Assuming actual sales are $2.000.000.compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety $ 121 Margin of safety ratio eTextbook and Media Assistance Used Attempts unlimited Submit Answer yees to search O TI 8 a w E R . Y S D G H K. c V B N M
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