Following are four series of costs measured at various volume levels Identify each series as either fixed, variable, mixed, or step-wise Hint It can help to graph each cost series Volume (Units) Series A $2,620 Series B $5,120 Series C Series D $ 1,128 $0 400 3,228 5,120 1,120 3,720 300 3,820 5,120 2,248 7,440 1,200 4,420 5,120 2,248 11,160 1,600 5,020 5,120 3,300 14,880 5,620 5,120 3,300 18,600 2,400 6,220 5,120 4,480 22,320 Series A Series B Series C Series D
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- Following are four series of costs measured at various volume levels. Identify each series as either fixed, variable, mixed, or step-wise. Hint. It can help to graph each cost series. Volume Series A Series B Series C Series D (Units) 0 400 800 1,200 1,600 2,000 2,400 Series A $ 2,540 3,140 3,740 4,340 4,940 5,540 6,140 Series B $ 1,040 1,040 2,080 2,080 3,120 3,120 4,160 Series C $ 5,040 5,040 5,040 5,040 5,040 5,040 5,040 Series D $0 3,640 7,280 10,920 14,560 18, 200 21,840Listed here are three separate series of costs measured at various volume levels. Volume (Units) e 380 760 1,140 1,520 1,900 2,280 Series 1 50 3,040 6,080 9,120 12,160 15,200 18,240 Series 1 Series 2 Senes 3 Series 2 $450 450 450 450 450 450 450 Series 3 $ 600 600 600 1,200 1,200 1,800 1,800 Examine each series and identify whether it is best described as a fixed, variable, or step-wise cost. Hint: It can help to graph each cost series.Saved Following are five series of costs A through E measured at various volume levels. Identify each series as either fixed, variable, mixed, step-wise, or curvilinear. Volume (Units) Series A Series B $2,500 3,100 3,700 4,300 4,900 5,500 6,100 Series C Series D Series E $1,000 1,000 2,000 2,000 3,000 3,000 4,000 $5,000 5,000 5,000 5,000 5,000 5,000 5,000 400 3,600 7,200 10,800 14,400 18,000 21,600 ipped 6,000 6,600 800 1,200 7,200 8,200 9,600 13,500 1,600 2,000 2,400 Book Print Series A Series B erences Series C Series D Series E
- The "x" in the overhead cost equation, y = $5.50x + $92,000, represents which of the following? total overhead costs. the variable costs. total fixed costs. the cost driver in units.1. Listed here are four series of separate costs measured at various volume levels. Volume (Units) Series 1 Series 2 Series 3 Series 4 0 $450 $800 $100 0 100 450 800 105 800 200 450 800 120 1,600 300 450 1,600 145 2,400 400 450 1,600 190 3,200 500 450 2,400 250 4,000 600 450 2,400 320 4,800 Examine each series and identify whether it is best described as a fixed, variable, step-wise, or curvilinear cost. It can help to graph the cost series. Series 1 Series 2 Series 3 Series 4Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2. Determine the cost to be charged to the product for the year. 3. Determine the cost to be charged to factory overhead for the year. 4. Determine the plotted data points using Chart Wizard. 5. Determine R2. 6. How do these solutions compare to the solutions in P4-2 and P4-3? 7. What does R2 tell you about this cost model?
- Cost Activity (units)56 4 62 5 80 7 72 7 88 9 94 10 1. Calculate the fixed cost per period2. Calculate the variable cost per unit3. Write the linear equationWhat type of cost exhibits the behavior shown below? Manufacturing Volume (Units) Cost Per Unit 50,000 $1.95 70,000 1.95 Select one: a. Discretionary fixed cost b. Step-fixed cost. c. Semivariable cost.d. Variable cost. e. Fixed costRefer to the pictur ebelow: Find: 1. Total Cost of Product A under ABC System2. Total Cost of Product B under ABC System3. Selling Price per unit of Product B assuming profit margin of 20% above cost
- Base from the data, determine the correct cost classifications: Cost ltem Cost at 100 units Cost at 140 units P P8,000 P10,560 L P5,000 P5,000 A P6,500 P9,100 Y P6,700 P8,580 Cost P Cost L Cost A Cost YA. variable fixed mixed variableB. variable fixed variable variableC. mixed fixed mixed mixedD. mixed fixed variable mixedChoose the correct letter of answer On a scattergrap, the diagonal line cuts across two sets of observations, namely: 600:200, and 900:500 which refer to costs and units, respectively. The fixed costs is plotted in the graph at P400. In this case, the variable cost per unit is equal to: a. P1.00b. P1.25c. P1.50d. P1.12Determine the missing amounts in the following table: unit sales price unit varible costs unit contribution margin contribution margin ratio (%) $22 10 10 24 50 25