Thompson Companys cost and production data for two recent months included the following. Required a. Separately calculate
Question:
Required
a. Separately calculate the rental cost per unit and the utilities cost per unit for both January and February.
b. Identify which cost is variable and which is fixed. Explain youranswer.
Transcribed Image Text:
January February Production (units) Rent Utilities 90 S1,500 S 450 $1,500 S1,150
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
a March April Units Produced a 90 230 Total rent cost b 1500 1500 Rent cost ...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions

Tanaka Company's cost and production data for two recent months included the following: March April Production (units).........300................600 Rent.....................$1,800............$1,800...

Nasenko Companys cost and production data for two recent months included the following: Required a. Separately calculate the rental cost per unit and the utilities cost per unit for both March and...

Robbins Companys cost and production data for two recent months included the following: .:. Required a. Separately calculate the rental cost per unit and the utilities cost per unit for both March...

All of the following companies manufacture toasters. The following costs were incurred by each company during September: Required: 1. What is the total conversion cost for Warner Co.? 2. What is the...

What is the meaning of diminishing constant and increasing marginal utility of money?

Suppose f(x) and g(x) are continuous functions with f'(c) = 0. If both f and g have an inflection point at x = c, does P(x) = f(x)g(x) have an inflection point at x = c? Either explain why this must...

3 Hace poco, usted fue promovido al puesto de director de publicidad de Timkin Tool Company. En su primera reunin con el seor Timkin, le dice: La publicidad es un desperdicio! Nos hemos estado...

In the direct labor variance matrix, there are three factors: (1) Actual hours Actual rate, (2) Actual hours Standard rate, and (3) Standard hours Standard rate. Using the numbers, indicate the...

Vista Company manufactures electronic equipment. It currently purchases the special switches used in each of its products from an outside supplier. The supplier charges Vista $4.50 per switch....

The late George Stigler, an eminent conservative Chicago economist, wrote as follows: No thoroughly egalitarian society has ever been able to construct or maintain an efficient and progressive...

The following variable production costs apply to goods made by Zell Manufacturing Corporation. Item Cost per Unit Materials $6.00 Labor 2.50 Variable overhead 0.20 Total $8.70 Required Determine the...

Parker Trophies makes and sells trophies it distributes to little league ballplayers. The company normally produces and sells between 8,000 and 14,000 trophies per year. The following cost data apply...

Show that the equation has no power series solution of the form y = c n x n . 2 xy" + xy + y = 0

The adjusted trial balance columns of a worksheet for Levitt Corporation are shown below. The worksheet is prepared for the year ended December 31, Complete the worksheet by (a) entering the adjusted...

Derive the commutator $\left[Q_{i}, Q_{j} ight]=i \epsilon_{i j k} Q_{k}$ for the charge defined in Eq. (33.4). Use the charge (33.4) to write the commutator, displaying explicit matrix indices...

Verify that the potential $V(\pi, \sigma)$ can be written as Eq. (33.11), and that if $\epsilon=0$ and the symmetry is implemented in the Wigner mode the masses for the $\pi$ and $\sigma$ fields are...

Figure 5.7 shows a number of yield curves at various points in time. Go to www.treasury.gov, and in the Resource Center at the top of the page click on Data and Charts Center. Find the Treasury yield...

The number of vacation days used by a sample of 20 employees in a recent year In Exercises 2326, use technology to draw a boxandwhisker plot that represents the data set. 3 9 2 17 5 3 2 2 6 4 0 10...

Why is it often more desirable to plot fixed costs above the variable costs on a breakeven chart? lop1

What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability...

Draw a concept map that relates each of the following stoichiometric quantities. (a) Volume of gaseous reactant and volume of gaseous product (b) Volume of gaseous product and volume of gaseous...

What is a production bottleneck? Discuss.

Inman Construction Company is considering selling excess machinery with a book value of $280,000 (original cost of $400,000 less accumulated depreciation of $120,000) for $292,000, less a 5%...

A condensed income statement by product line for British Beverage Inc. indicated the following for Royal Cola for the past year: Sales $254,000 Cost of goods sold 122,000 Gross profit . $132,000...

Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total...

Mrquered Mrquered

You plan to invest $10,00 today in an investment account earning 5% interest. You then plan to invest an additional $1,000 into this account each year for the next twenty years. How much money will...
Study smarter with the SolutionInn App