SUBJECT: COST ACCOUNTING ABD SERVICESNEED SOLUTIONS PLEASE

Nos.7-9.Data presented by Copyright Plus Co., for two levels of their plant operations: Budgeted production in units 140,000 160,000 Budgeted production costs I Materials P 84,000 P 96,000 Labor 140.000 160.000 Manufacturing supplies 28,000 30,000 Heat, light & power 34.000 38,000 Miscellaneous mfg. overhead 25,000 25,000 Total P311,000 P349, 000 The company uses the "high-low point" method of segregating mixed costs. 7. What is the variable rate per unit of manufacturing supplies? a. P0.05 b. PO.10 c. PO.15 d. PO.20 8. What is the fixed portion of the Heat, light & power cost? a. P4,000 b. P5,000 c. P6,000 d. P7,000 9. What would be the estimated total manufacturing costs at a production level of 150,000units? a. P300,000 b. P320,000 c. P330,000 d. P350,000 10. The amount of variable cost per unit and total fixed cost within a relevant range behave this way in relation to production level: a. Production increases, unit variable decreases, total fixed cost increases. b. Production decreases, unit variable decreases, total fixed cost decreases. c. Production increases, unit variable cost remains constant, total fixed cost remain the same. d. Production increases, unit variable cost decreases, total fixed cost remains the same