1.3 1:18 PM K/s acctg 2-assgn.JPG DO IT! 5-1 Helena Company reports the following total costs at two levels of production. 10,000 Units $ 6,000 7,000 56,000 44,000 4,000 7,000 11,000 5,000 Units $...


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1.3<br>1:18 PM<br>K/s<br>acctg 2-assgn.JPG<br>DO IT! 5-1 Helena Company reports the following total costs at two levels of production.<br>10,000 Units<br>$ 6,000<br>7,000<br>56,000<br>44,000<br>4,000<br>7,000<br>11,000<br>5,000 Units<br>$ 3,000<br>7,000<br>28,000<br>22,000<br>4,000<br>5,000<br>9,000<br>Indirect labor<br>Property taxes<br>Direct labor<br>Direct materials<br>Depreciation<br>Utilities<br>Maintenance<br>Classify each cost as variable, fixed, or mixed.<br>DO IT! 5-2 Westerville Company accumulates the following data concerning a mixed cost,<br>using units produced as the activity level.<br>Units Produced<br>Total Cost<br>$18,000<br>16,650<br>18,580<br>16,200<br>17,100<br>March<br>April<br>May<br>June<br>10,000<br>9,000<br>10,500<br>8,800<br>9,500<br>July<br>(a) Compute the variable- and fixed-cost elements using the high-low method.<br>(b) Estimate the total cost if the company produces 9,200 units.<br>O<br>

Extracted text: 1.3 1:18 PM K/s acctg 2-assgn.JPG DO IT! 5-1 Helena Company reports the following total costs at two levels of production. 10,000 Units $ 6,000 7,000 56,000 44,000 4,000 7,000 11,000 5,000 Units $ 3,000 7,000 28,000 22,000 4,000 5,000 9,000 Indirect labor Property taxes Direct labor Direct materials Depreciation Utilities Maintenance Classify each cost as variable, fixed, or mixed. DO IT! 5-2 Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost $18,000 16,650 18,580 16,200 17,100 March April May June 10,000 9,000 10,500 8,800 9,500 July (a) Compute the variable- and fixed-cost elements using the high-low method. (b) Estimate the total cost if the company produces 9,200 units. O

Jun 09, 2022
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