The costs of energy consumed in producing good units in the Baking Department of Victor Company were $26,160 and $26,265 for June and July, respectively. The number of equivalent units produced in June and July was 54,500 pounds and 51,500 pounds, respectively. Evaluate the change in the cost of energy between the two months.   Round all answers to the nearest cent. Energy cost per pound, June $fill in the blank 1 Energy cost per pound, July $fill in the blank 2 The cost of energy has appeared to decrease  by $fill in the blank 4 per pound between June and July.

The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year Machine Hours 18,000 6,000 Busiest month (June) Slowest month (December) What are the direct labor costs per machine hour? Multiple Choice $21.50 $17.25 Direct Labor Costs $285,000 $129,000

The costs of materials consumed in producing good units in the Production Department of Jacobs Company were $38,000 and $39,125 for June and July, respectively. The number of equivalent units produced in June and July was 4,000 and 4,250, respectively. Which of the following best describes the change in the cost of materials between the two months? Oa. The cost of materials increased by $1,125, indicating an unfavorable change. Ob. The cost of materials decreased by $0.29 per unit, indicating an improvement. C. The cost of materials increased by $0.88 per unit, indicating an unfavorable change. d. The cost of materials increased by $0.28 per unit, indicating an unfavorable change

For the month of July, Jacobs Company incurs a direct materials cost of $6,000 for 6,000 gallons of paint produced in its Mixing Department. It also incurs conversion costs of $1,470 with 70% completed. If the conversion cost per equivalent unit was $0.25 per gallon in June, what is the difference in the conversion cost per equivalent unit between the two months? a. $1.00 b. $0.10 c. $0.75 O d. $0.35

Give me correct answer and explanation.s

The manufacturing costs of Calico Industries for three months of the year are provided below:   Total Cost Production (units) April $112,700 275,900       May 91,900 163,500       June 108,700 247,900       Using the high-low method, the variable cost per unit and the total fixed costs are

The manufacturing costs of Barretto Enterprises for three months of the year follow:     Total Costs Units Produced July $495,000   3,100 units August 551,000   6,600   September 535,000   4,800   Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a.  Variable cost per unit $fill in the blank 1 b.  Total fixed cost $fill in the blank 2

The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total Cost Production April $114,550 2,140 Units May 121,000 3,000   June 131,050 4,340   a.  Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.$ fill in the blank 1 per unit b.  Using the high-low method, determine the total fixed costs.$ fill in the blank 2

Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for the month of June: Fixed Element per Month Variable Element per Liter Actual Total for June Revenue $ 20.00 $122,540 Raw materials $ 5.45 $ 36,030 Wages $ 6,400 $ 2.20 $ 20,200 Utilities $ 2,430 $ 1.00 $ 9,100 Rent $3,400 $3,400 Insurance $ 2,150 $2,150 Miscellaneous $ 730 $ 1.15 $ 8,050 While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example, wages should be $6,4 00 plus $2.20 per liter of gelato sold and the actual wages for June were $20,200. Via Gelato expected to sell 6,300 liters in June, but actually sold 6,500 liters. Required: Calculate Via Gelato revenue and spending variances for June. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

Subject: Acounting