Question: please solve the problem of attached paper. classify the cost below as using the above data and the high/low method, answer the following questions. job



please solve the problem of attached paper.
- classify the cost below as
- using the above data and the high/low method, answer the following questions.
- job ordering costing




In addition to the above dato assume the company has the following sales . Answer the following questions Number of Teams mold sangriagames Sale 51, 500 $2, 500 53000 e . What is the revenue generated per team ? quote sits most 1 3203 sidney OVA bons 9 to Justbal joubert bond - aubert as well and watches grit gau aloval mes ingto flib to sing maisie amount barsgbud sis worse Jews listin to 120 waled analizgun s towing of noitemsin 10 941 f . What is the per unit contribution margin ? ernst to adrug sideney 100 62 002 52 DUE . 12 blo2 26200 10 103 20 / 191RM 127145 Model tagTO What is the contribution margin ratio ? are bestround bathand Doe , 12 box IS word prone noand grillve mountainclimbA attacks onshawna h . Compute break - even point in dollars and in units ( round to the next whole number ) gmeant 19 6 alt myerson bottom soldall set bos nich quilts and grey in of log If CAVALRY wants to have net income of $100 .10 from this event , how many teams are needed ? ming ling side now it presidentguna asloz oniwolle sits zod voogmos sill sruzzo ofob svodo and or not smoltzgun Comprehensive problem most to rodman bring the assignments to " part 2 must be attempted on your own and brought to class . If you do not bring the assignments to class completed to work with your group to get a final product , you will be docked two letter grades from the group most taq batstones sungyet art at low 1 . Classify the costs below as : Product - Direct , Product - Indirect , or Period AND Variable cost , Fixed cost , or Mixed cost . Below are budgeted inco income statements at different team levels , use the information to answer the questions below : Number of Teams 251 30 Product Direct , Product Indirect or Fixed Period Variable 51, 500 52, 500 53, 000 I Cost of Goods sold Direct Materials 125 150 Direct Labor Applied Overhead 50 650 148 m notfuthings arts do gross Profit $2, 500 51 900 Selling Expenses Administrative Expenses Advertising Expense Miscellaneous Administrative signal misblob thing was A said jugmos Expenses Net Income 5/ 180) Using the above data and the high / low method , answer the following questions : Units - Number of Teams Total Costs Determine the variable cost per unit Determine the fixed cost What is the cost equation ? Estimate the total cost for 20 teamsC . Identify the following Cost of Goods Manufactured got:20 3 10510 dot Britons annoy Foods sold A 70 125710 To tuborg ORBITZ 000 02 090 08 21 19) M WER world Tambor 090 85 / SHARON NER What is the total inventory balance outastunes 000 . 2 ANDDOGTUNG fashions youboy allgave 2silaquiz aterials used Bylove asitto 090 1 What is the amount of raw material 250 019 0 How 0 09 0 08 2gundy 5 8 OOO . 5 000 , 20 abood barking Dog ar svisitaRimba 1 090 2 090 2E ( must list the amount and if D . - Amount of Under or Over Applied Overhead Today santa ou are under or over applied ) road Pudong 100 20 noirauberg Possibly FUNBOYS sight assvolging Billsnad E . Prepare an income Statement listing each selling and administrative expense . Make sure to show all your work including the flow of costs through specific inventory accounts to arrive a Cost of Goods Sold . You must use the basic Income Statement setup of 20 m weborg how I guests mrs Less : Cost of Goods Sold COGS butissigns Gross Profit Selling , Admin and General expenses oneminute Net incom 20 83 271 1 190 the mallto 301710 just gonnamiss issuDays 25 53bad ONTuesday ISN'Tptismob betubetungM 26002 10 1603 Purchases 3 . Job Order Costing Product or Direct or Period Account Balances Beginn COOL OR inning Ending Indirect Raw Materials 78000 Product direct Raw Materials Raw Materia 60 000 50.090 Supplies Manufacturing 9 00 Product indirect Manufacturing Supplies Office Supplies 2000 period Office Supplies 4090 Sales Revenues / 800.000 Work in Process Administrative 16000 65 00 47 00 -salaries names well zum pen d Finished Goods 36000 35 Direct labor 7 95 000 product bhairavor 1 94 240 10 what Is Inve A O direct Production 8 000 ( ballads java 10 brusis way employees fringe product indirect benefits Sales Sur SHEM 80 90 sit period bar grillseries at themas Ismo ne staging Commissions Production 17 000 Any 2 0 roduct and Street Human blaz god to lead supervisors salaries Plant depreciation 11.090 12.000 product indirect Period blok throw to 120 ) depreciation prod + indtroop bis simba another maintenance plant Utilities 18 000 reduce ind Treat Office utilities 70 period Maintenance Period Production 6,000 product indirect Equipment Rent Office Equipment 4,000 period Estimated or applied overhead 1 75 00 Label each of the costs above as product or period and Label all of the product costs as direct or indirect Estimated overhead calculation - Estimated overhead is $76 000 . Show your calculations to obtain this amount using the following data Total Overhead is estimated to be $2 000 000 The cost driver used to estimated overhead is machine hours Total machine hours is 200.090 . Machine hours for the month is 7 600
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