FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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2
George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the
company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs
as follows over the last six weeks:
Week
123456
Units
9
6
11
5
7
14
52
Total Etching
Cost
$ 25
20
30
21
21
32
$ 149
For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost
per week.
Exercise 5A-5 Part 3 (Algo)
3. If the company processes eighteen units pext week, what would be the expected total etching cost? (Round your intermediate
calculations and final answer to 2 decimal places.)
Answer is complete but not entirely correct.
$ 38.00 X
Expected total etching cost
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Transcribed Image Text:2 George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 123456 Units 9 6 11 5 7 14 52 Total Etching Cost $ 25 20 30 21 21 32 $ 149 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 3 (Algo) 3. If the company processes eighteen units pext week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.) Answer is complete but not entirely correct. $ 38.00 X Expected total etching cost
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