Song, Inc, uses the high-low method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, total maintenance costs averaged $3430 per hour. When activity jumped to 27,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $27.30. On the basis of this information, the variable cost per machine hour was (Round your final answer to 2 declmal places): On the basis of this information, the fixed cost was (Round your Intermedlate calculations to 2 decimal places final answer to nearest dollar amount): On the basis of this information, what were total maintenance costs when the company experienced 25,000 machine hours? (Round your Intermedlate calculations to 2 decimal places final answer to nearest dollar amount.)

Taunton Company uses the​ high-low method to estimate its cost function. The information for 2017 is provided​ below:     ​Machine-hours Labor Costs   Highest observation of cost driver ​3,000 ​$300,000   Lowest observation of cost driver ​2,500 ​$277,500     What is the constant for the estimated cost​ equation?

Colton Dry Cleaners has determined the following about its costs: Total variable expenses are $42,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $50,000. Determine the company’s current 1) sales revenue and 2) operating income. (Hint: First, find the contribution margin ratio; then prepare the contribution margin income statement.)

Abdulwahab Corporation is estimating the cost function for total cost of production of product A using the high-low method.  The data collected for the past year is as following:                                                    Number of units             Total                              Quarter            produced                 Costs                                   1                     4,000                $   1,000                                   2                     5,400                     1,280                                   3                     7,000                     1,600                                   4                     9,000                     2,000               Calculate the following amounts:                                 The variable cost per unit The fixed cost Explain the method used by the company to estimate the cost function. Suggest other methods than may be used to estimate cost function.

What is the constant for the estimating cost equation for this accounting question?

Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $16.00 per unit, and the variable labor cost is $7.30 per unit.    a. What is the variable cost per unit? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the company incurs fixed costs of $860,000 during a year in which total production is 380,000 units. What are the total costs for the year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. If the selling price is $49.50 per unit, what is the cash break-even point? If depreciation is $660,000 per year, what is the accounting break-even point? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Stancil Dry Cleaners has determined the following about its​ costs: Total variable expenses are$42,000​,total fixed expenses are $24,000, and the sales revenue needed to break even is $48,000. Determine the​ company's current​ 1) sales revenue and​ 2) operating income. ​(​Hint:​ First, find the contribution margin​ ratio; then prepare the contribution margin income​ statement.)       Use the contribution margin income statement and the shortcut contribution margin approaches to determine Stancil's current​ (1) sales revenue and​ (2) operating income. Begin by computing the contribution margin ratio. ​(Enter the result as a whole​ number.) The contribution margin ratio is   %.

Stancil Dry Cleaners has determined the following about its​ costs: Total variable expenses are$42,000​,total fixed expenses are $24,000, and the sales revenue needed to break even is $48,000. Determine the​ company's current​ 1) sales revenue and​ 2) operating income. ​(​Hint:​ First, find the contribution margin​ ratio; then prepare the contribution margin income​ statement.)       Use the contribution margin income statement and the shortcut contribution margin approaches to determine Stancil's current​ (1) sales revenue and​ (2) operating income. Begin by computing the contribution margin ratio. ​(Enter the result as a5 whole​ number.) The contribution margin ratio is 50 %. Prepare the contribution margin income statement at the calculated sales level. NOTE: the other picture is to show the options.

Dry Cleaners has determined the following about its​ costs: Total variable expenses are   screenshot attache dtahnkng rnkgwr

Deidoro Company has provided the following data for maintenance cost: Machine hours Maintenance cost Multiple Choice Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to: (Round your intermediate calculations to 2 decimal places.) O O Prior Year 17,100 20,100 $ 29,400 $ 34,200 $29,400 per year; $1.701 per machine hour Current Year $2,040 per year; $1.701 per machine hour $2,040 per year; $1.600 per machine hour $29,400 per year; $1.600 per machine hour