Question: The following chart shows three different costs: Cost A, Cost B, and Cost C. For each cost, the chart shows the total cost and cost

The following chart shows three different costs: Cost A, Cost B, and Cost C. For each cost, the chart shows the total cost and cost per unit at two different volumes within the same relevant range. Based on this information, identify each cost as fixed, variable, or mixed. Explain your answers.

At 5,000 units At 6,000 units Total Cost Total Cost $36,000 $30,000 $33,000 Cost per Unit $6.00 $5.00 $5.50 Cost per Unit $6.00 Cost .. $30,000 $6.00 $6.00 Cost C $30,000

Step by Step Solution

★★★★★

3.45 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Cost A is a variable cost The cost is constant on a per unit ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

444-B-M-A-C-B (1020).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Ezzell Enterprises has the following capital structure, which it considers to be optimal under present and forecasted conditions: Debt (long-term only) ........ 45% Common equity .......... 55 Total...

The following chart shows the retained earnings (deficits) balance for Amazon.com, Inc., from its initial public offering date until December 31, 2004: As can be seen, Amazon.com has accumulated...

The following chart shows the selling price ($000) of houses sold in the Billings, Montana, area. a. How many homes were studied? b. What is the class interval? c. One hundred homes sold for less...

The following chart shows how costs flow through a business as a product is manufactured. Some boxes in the flowchart show cost amounts. Compute the cost amounts for the boxes that contain...

The following chart shows three different costs Cost A, Cost B, and Cost C For each cost, the chart shows the total cost and cost per unit at two different volumes within the same relevant range....

S6-1 Identify cost behavior (Learning Objective 1) The following chart shows three different costs: Cost A, Cost B, and Cost C. For each cost, the chart shows the total cost and cost per unit at two...

Ch. 3 Exercises 32) Selected financial data for Flash Corporation follows for a production level of 100,000 units: Total fixed costs $400,000 Total costs (fixed and variable) $500,000 A. Calculate...

Please solve for Cost B and Cost C all the way across! Thanks The following chart shows three different costs: Cost A, Cost B, and Cost C. For each cost, the chart shows the total cost and cost per...

Help please asap!! S6-1 Identify cost behavior (Learning The following chart shows three different costs: Cost A. Cost B, and Cost C. For each cost, the chart shows the total cost and cost per unit...

plz do in format thanks The following chart shows three different costs: Cost A, Cost B, and Cost C. For each cost, the chart shows the total cost and cost per unit at two different volumes within...

What is business intelligence? Give some recent examples of BI usage, using the Internet for assistance. What BI benefits have companies found?

Rhodes Company has the following data for the Assembly Department for August: Units in process at the beginning of August ....... 2,000 Units started in August...

y = ( t a n ) - 1 2 find d y d x

? Ms Daphne Blake is the sole proprietor of 'Suasetz, a beach shade sale and hire business specialising in beach tents. She is also a good friend of Fred Jones and often refers customers who are...

Network Solutions, Inc." is a worldwide leader in hardware, Network Solutions and by encouraging all senior leaders to software, and services essential to computer networking. Until ensure that those...

a. Which form of systems documentation studied in ACC539 is most likely to be used by an auditor? Why? (3 marks) b. Systems documentation is developed across multiple stages of the systems...

Compute the Net Pay for each employee. Employee pay will be disbursed on December 4, 2019. Update the Employees' Earnings Record with the November 30 pay and the new YTD amount. The company is closed...

(3) Let f(z) =E, anz" converge for all z E C. Prove that f (z) is real for all z e R if and only if an is real for all n. n=D0

A derivative is best described as a financial instrument that derives its performance by: A. passing through the returns of the underlying. B. replicating the performance of the underlying. C....

Refer to the data for Lavage Rapide in Exercise 108. The company actually washed 8,800 cars in August. Required: Prepare the companys flexible budget for August.

Refer to the data for Lavage Rapide in Exercise 108. The actual operating results for August appear on the following page. Data from problem Exercise 10-8 Required: Prepare a report showing the...

PRICE SHARES Company A B C A B C Day 1 $12 $24 $54 450 380 220 Day 2 11 21 55 450 380 220 Day 3 14 48 60 450 190a 220 Day 4 11 46 29 450 190 440b Day 5 12 46 30 450 190 440 aSplit at close of day 2....

1. Say we have a simple linear regression with a single response Y and a single quantitative covariate X. The population model is: Y; = 60 + 61X\"; + 53-. An observation of X, say X,, is considered...

The following table presents the long-term liabilities and stockholders equity of Information Control Corp. one year ago: Long-term debt $ 66,200,000 Preferred stock 4,120,000 Common stock ($1 par...