The relevant range is O usually from zero to 100% of operating capacity. the range of activity in which variable costs will be curvilinear. the range of activity in which fixed costs will be curvilinear. O the range over which the company expects to operate during a year.

Accounting Question

Can you please explain what we mean by "Short-run" and "long-run" for decision-making in cost accounting? and What are the relevant costs related for each term.  Does short-term mean a period less than a year? And long-run, a period more than a year?

1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. Alden Company’s monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs.  Month Units Sold Total Cost 1 319,000 $ 156,500 2 164,000 100,250 3 264,000 204,600 4 204,000 99,000 5 289,000 200,500 6 189,000 111,000 7 361,000 285,296 8 269,000 150,750 9 76,200 66,000 10 149,000 129,625 11 93,000 93,000 12 99,000 82,650

What is the effect on the cost per unit if activity increased by 10%? O A. Decrease by 10% O B. Decrease by less than 10% C. Increase by less than 10% D. Remain constant

Using the least-squares method of analyzing costs, answer the following questions and show computations to support your answers. a. What is the estimated variable portion of maintenance costs per labor hour? B.What is the estimated fixed maintenance cost each month? C.Formulate the regression equation D.If it is estimated that 600 labor hours will be used in July, what is the expected total power cost for July?

1 Wolverine Company's average cost per unit is $1.425 at the 16,000-unit level of activity and $1.38 at the 20,000-unit level of activity. The selling price is $3.00 per unit. Assume that all of the activity levels mentioned in this problem are within the relevant range. Predict the following items for Wolverine Company: Required: 1. Variable cost per unit. 2. Total fixed cost per period. 3. Total expected costs at the 18,000-unit level of activity. 4. Total Contribution Margin at the 18,000 unit level of production and sales.

Subject :- Accounting

a) Compute the breakeven sales dollars of cach product assuming the same sales mix remains constant. b) Prepare an analysis showing whether Product Z should be eliminated. The amount of change to net income should be computed. c) Assume the current demand of cach product is same as the sales volume the company has for the year. Below is the machine processing time required for cach product. Product Machine processing time in hours i. How many units should the company produce for each product if there is a constraint of only 24.000 hours of machine processing time in the year. ii. Compute the highest possible net income camed by the company. 3 2 An accountant has prepared the folowing product-line income statement for the year: Product Tatal No of mts sokd 5,000 4,000 4,000 Saks Varible enpermes 200,000 S 120,000 100,000 S 60.000 40,000 S 20,000 60,000 40,000 20,000 Cotribution mangin 80,000 40,000 20,000 Fihed expenses Rert Depreciin 10,000 12,000 8,000 5.000 6,000 2,000 2,400 3,000…

Which of the following would produce the largest increase in the contribution margin per unit? Select one: a. A 15% decrease in selling price. b. A 14% increase in variable cost. c. A 23% increase in the number of units sold. d. A 17% decrease in fixed cost. e. A 7% increase in selling price.