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Cours Print 1. MC. 19-089 Shot The manufacturing cost of Calico Industries fethr

ID: 2572058 • Letter: C

Question

Cours Print 1. MC. 19-089 Shot The manufacturing cost of Calico Industries fethree months of the year are provided below: Production (units) Total Cost April ssi May June $120,000 74,000 90,900 280,000 165,000 230,000 Hom Using the high-low method, the variable cost per unit and the total fixed costs are a. $0.40 per unit and $8,000 b. $4.00 per unit and $800 c. $0.78 per unit and $4,000 d. $7.80 per unit and $4,000 Cha 2. MC.19-087 Hom As production increases, the fixed cost per unit a. decreases b. remains the same C. increases d. either increases or decreases, depending on the variable costs

Explanation / Answer

We are advised to solve only 1 question per submission. there are multiple question. i have tried to answer 6 of your questions:

Solution 1 Total Cost Production April          120,000    280,000 Highest production May            74,000    165,000 Lowest production June            90,900    230,000 Difference in Cost            46,000 Difference in Production          115,000 Variable cost per unit =46000/115000 Variable cost per unit              0.400 Toal Cost @ 280000 units Variable cost @ 0.4          112,000 Fixed csot Total Cost less variable cost Fixed csot =120000-112000              8,000 So option A is correct Solution 2 Option A is correct as fixed cost remains same at every production level like factory rent Solution 3 Total Untis Cost per unit tota cost 1              6,000         6,000 2              3,000         6,000 3              2,000         6,000 4              1,500         6,000 Since total cost is same at every production level, the cost nature is fixed cost Solution 4 Variable cost Fixed cost      1,200,000 expected profit          200,000 Total Contribution required      1,400,000 Sale price                  240 Variable cost                  110 Contribution per unit                  130 Sale units =1400000/130      10,769 So option A is correct Solution 5 Total Sale      4,000,000 Margin of safety 25% MOS =4000000*25%      1,000,000 Breakeven sale      3,000,000 So option C is correct Solution 6 Fixed cost          750,000 Variable csot 60% Contribution 40% Breakeven sale =750000/40%      1,875,000 So option b is correct