Question: Please answer quick no explanation is required! Entry Rules: Round your answers to the nearest PENNY (2 decimal places). Use your rounded answer in ALL

 Please answer quick no explanation is required! Entry Rules: Round youranswers to the nearest PENNY (2 decimal places). Use your rounded answer

Please answer quick no explanation is required!

Entry Rules: Round your answers to the nearest PENNY (2 decimal places). Use your rounded answer in ALL subsequent calculations. Examples: If your answer is $24,500.4746, enter 24500.47 If your answer is $24,500.4753, enter 24500.48 If your answer is $24,500.0012, enter 24500.00 Never enter $ or, when inputting numerical answers QUESTION: Unique Ltd., a manufacturing firm, manufactures brakes. The company has supplied information from its accounting records for the last year. Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec No. of Brakes 220,000 190,000 275,000 200,000 240,000 215,000 260,000 180,000 230,000 210,000 225,000 176,000 Factory Overhead $430,000 $360,000 $509,300 $360,000 $432,000 $366,000 $518,000 $316,000 $380,000 $374,000 $406,000 $344,000 Part 1: Using the high low method, what is the variable factory overhead per brake? A/ Using the rounded answer which you just input (above), what is the fixed cost for factory overhead? A/ Part 2: If the company increases their production of brakes by 45% in any given month, would the factory overhead cost per brake increase, decrease, or stay the same? Enter the number 1 if it would increase. Enter the number 2 if it would decrease. Enter the number 3 if it would stay the same. A/ Part 3: ASSUME If the total cost of factory overhead equals $49,000 + (1.75 * number of brakes manufactured). What would total cost equal if the company manufacturers 218,400 brakes? A Part 4: If the total cost of factory overhead equals $431,000 and the company manufacturers 218,400 brakes, what is the total factory overhead cost per brake manufactured? A

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