Given the linear relation: (80x-4C+2200 = 0) Ifx represents the number of units produced of a certain commodity,and C is the total weekly costs.What are the fixed weekly costs and the unit cost? a. Fixed costs: $2200 per week.Cost per unit: $800 b. Fixed costs: $2200 per week. Cost perunit: $4c. Fixed costs: $550 per week. Cost per unit:$20d. Fixed costs: $20 per week. Cost per unit:$550

Given the linear relation: 80x - 4C + 2200 = 0The given linear equation is 80x - 4C + 2200 = 0,…

Answered: Given the linear relation: (80x-4C+2200…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Given the following data: Contribution margin per unit: Product A $11Product B $12 Machine hours required for one unit: Product A 2 hoursProduct B 2.5 hours A. Compute the contribution margin per unit of limited resource for each product.
Calculate the total cost per unit when the total cost is given as 80000 OMR and unit sold are 8000 units
6.Dalian Company provides the following information: Price per unit $20.00 Variable cost per unit $8.00 Fixed costs per month: $15,000 What is the break-even point in terms of units sold? Select one: A.1,875 B.1,250 C.1,200 D.1,150
Which of the following is a mixed cost? A cost that is P40 per unit when production is 50,000 and P40 per unit when production is 80,000 A cost that is P20 per unit when production is 50,000 and P20 per unit when production is 80,000 A cost that is P20 per unit when production is 50,000 and P12.50 per unit when production is 80,000 A cost that is P20 per unit when production is 50,000 and P16.25 per unit when production is 80,000
Calculate variable cost per unit. if fixed cost is 50000 OMR Total Variable cost 500000 OMR and the units produced is 25000 Units
If the total cost function is y = 6,300 + 2X, calculate the variable cost for 4,400 units. A. $8,800 B. $6,300 C. $12,600 O D. $15,100 O O
Total Variable cost is 420,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f + vX. a. Y = 80000 + 150X b. Y = 80000 + 100X c. Y = 80000 + 60X d. Y = 80000 + 40X
Given the following information determine the FIXED COST at high volume using the high-low method: Sales = 48,000 , Supplies Costs = 4,750 ; Sales = 41,200 , Supplies Costs = 3,100 ; Sales = 43,000 , Supplies Costs = 4,210; Sales = 24,000 , Supplies Costs = 2,640. NOTE: USE up to 8 (eight) decimal places of the variable component in your computation.
Suppose that a company has fixed costs of $16 per unit and variable costs $10 per unit when 10,803 units are produced. What are the fixed costs per unit when 19,315 units are produced? Round to the nearest penny, two decimal places.
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $99 per unit, and fixed manufacturing costs are $215,600. Sales are estimated to be 7,700 units. If an amount is zero, enter "0". Round intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 7,700 units ard a plan to produce 9,800 units? b. How much would variable costing operating income differ between the two production plans? 0 Feedback Check My Work a. Remember that under variable costing, regardless of whether 7,700 units or 9,800 units are manufactured, no fixed manufacturing costs are allocated to the units manufactured. Instead, all fixed manufacturing costs are treated as a period expense. Therefore the change in units times the per unit fixed costs for the greater production level is the difference in income between the two costing methods. b. Remember that since all…
Choose 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. P1.12

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