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June 16, 2023
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200
131.
Kodama Corporation staffs a
helpline to answer questions
from customers. The cos
ts of
operating the helpline are
variable with respect to th
e number of calls in a month. At a
volume of 30,000 calls in
a month, the costs of operatin
g the helpline total $369,000.
To the nearest whole cen
t, what should be the aver
age cost of operating the
helpline per
call at a volume of 31,300 calls
in a month? (Assume that this
call volume is within the
relevant range.)
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201
132.
Erkkila Inc. reports that a
t an activity level of 6,400 machine-hours i
n a month, its total
variable inspection cost is $423,680
and its total fixed inspec
tion cost is $154,368.
What would be the avera
ge fixed inspection cost p
er unit at an activity level of
6,700
machine-hours in a month
? Assume that this level of ac
tivity is within the rel
evant range.
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202
133.
Erkkila Inc. reports that a
t an activity level of 6,400 machine-hours i
n a month, its total
variable inspection cost is $423,6
80 and its total fixed inspec
tion cost is $154,368.
What would be the total variable
inspection cost at an activity level of 6,7
00 machine-
hours in a month? Assume that
this level of activity is within
the relevant range.
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203
134.
Comparative income state
ments for Tudor Retailing Compa
ny for the last two mon
ths are
presented below:
September
October
Sales in units
5,000
7,000
Sales revenue
$100,000
$140,000
Cost of goods sold
40,000
56,000
Gross margin
60,000
84,000
Selling and administrative expenses:
Shipping expense
7,500
10,500
Clerical expense
10,000
12,000
Maintenance expense
17,000
17,000
Total selling and administrative expense
34,500
39,500
Net operating income
$25,500
$44,500
Which of the following classifica
tions best describes the beha
vior of shipping expense?
Sales in units
5,000
Shipping expense
$7,500
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204
135.
Comparative income state
ments for Tudor Retailing Compa
ny for the last two months
are
presented below:
September
October
Sales in units
5,000
7,000
Sales revenue
$100,000
$140,000
Cost of goods sold
40,000
56,000
Gross margin
60,000
84,000
Selling and administrative expenses:
Shipping expense
7,500
10,500
Clerical expense
10,000
12,000
Maintenance expense
17,000
17,000
Total selling and administrative expense
34,500
39,500
Net operating income
$25,500
$44,500
Which of the following classifica
tions best describes the beha
vior of clerical expense?
September
October
Sales in units
5,000
Clerical expense
$10,000
1-
205
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206
1
36.
Comparative income state
ments for Tudor Retailing Compa
ny for the last two mon
ths are
presented below:
September
October
Sales in units
5,000
7,000
Sales revenue
$100,000
$140,000
Cost of goods sold
40,000
56,000
Gross margin
60,000
84,000
Selling and administrative expenses:
Shipping expense
7,500
10,500
Clerical expense
10,000
12,000
Maintenance expense
17,000
17,000
Total selling and administrative expense
34,500
39,500
Net operating income
$25,500
$44,500
September
October
Sales in units
5,000
Cost of goods sold
$40,000
Selling and administrative expenses:
Shipping expense
7,500
Clerical expense
10,000
Maintenance expense
17,000
17,000
Total expense
$74,500
$95,500
If the Tudor Retailing Company
uses the high-low method of an
alysis, the total monthly
fixed cost for Tudor Retailing Compa
ny would be estimated
to be:
1-
207
1-
208
137.
Comparative income state
ments for Tudor Retailing Compa
ny for the last two mon
ths ar
e
presented below:
September
October
Sales in units
5,000
7,000
Sales revenue
$100,000
$140,000
Cost of goods sold
40,000
56,000
Gross margin
60,000
84,000
Selling and administrative expenses:
Shipping expense
7,500
10,500
Clerical expense
10,000
12,000
Maintenance expense
17,000
17,000
Total selling and administrative expense
34,500
39,500
Net operating income
$25,500
$44,500
September
October
Sales in units
5,000
Selling and administrative expenses:
Shipping expense
7,500
Clerical expense
10,000
Maintenance expense
Total selling and administrative expense
If the Tudor Retailing Company
uses the high-low method of an
alysis, the total selling and
administrative expense if
Tudor Retailing Company sells 6,50
0 units during a month would
be estimated to be:
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209
138.
Comco, Inc. has accumulated the
following data for the cost of
maintenance on its
machinery for the last four months:
Machine Hours
Maintenance Cost
September
21,000
$26,020
October
18,500
$24,600
November
15,000
$22,300
December
19,000
$25,100
Assume that the relevant
range includes all of the activity
levels mentioned in this
problem.
Assuming Comco uses the hi
gh-low method of analysis,
the fixed cost of maintena
nce
would be estimated to be:
Change
139.
Comco, Inc. has accumulated the
following data for the cost of
maintenance on its
machinery for the last four months:
Machine Hours
Maintenance Cost
September
21,000
$26,020
October
18,500
$24,600
November
15,000
$22,300
December
19,000
$25,100
Assume that the relevant
range includes all of the activity
levels mentioned in this
problem.
Assuming Comco uses the hi
gh-low method of analysis,
if machine hours are budge
ted to
be 20,000 hours then the
budgeted total maintenance cost
would be expected to be:
Change
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212
1-
213
140.
The following production and avera
ge cost data for two levels
of monthly production
volume have been supplie
d by a company that prod
uces a single product:
Production volume
1,000 units
3,000 units
Direct materials
$13.20 per unit
$13.20 per unit
Direct labor
$14.50 per unit
$14.50 per unit
Manufacturing overhead
$65.40 per unit
$29.40 per unit
High level of activity
Low level of activity
The best estimate of the total mon
thly fixed manufacturing cos
t is:
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214
141.
The following production and avera
ge cost data for two levels
of monthly production
volume have been supplie
d by a company that produces a s
ingle product:
Production volume
1,000 units
3,000 units
Direct materials
$13.20 per unit
$13.20 per unit
Direct labor
$14.50 per unit
$14.50 per unit
Manufacturing overhead
$65.40 per unit
$29.40 per unit
High level of activity
Low level of activity
The best estimate of the total va
riable manufacturing cos
t per unit is:
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215
142.
The following production and avera
ge cost data for two levels
of monthly production
volume have been supplie
d by a company that prod
uces a single product:
Production volume
1,000 units
3,000 units
Direct materials
$13.20 per unit
$13.20 per unit
Direct labor
$14.50 per unit
$14.50 per unit
Manufacturing overhead
$65.40 per unit
$29.40 per unit
The best estimate of the total cost
to manufacture 1,200 un
its is closest to:
143.
Frank Company operates a cafe
teria for its employees. The number of mea
ls served each
week over the last seven week
s, along with the total costs of
operating the cafeteria
are
given below:
Meals served
Cafeteria costs
Week 1
1,500
$4,800
Week 2
1,600
$5,080
Week 3
1,800
$5,280
Week 4
1,450
$4,900
Week 5
1,200
$4,000
Week 6
1,650
$5,100
Week 7
1,900
$5,400
Assume that the relevant
range includes all of the activity
levels mentioned in this
problem.
Using the high-low method of ana
lysis, the variable cost pe
r meal served in the cafeter
ia
would be estimated to be:
High activity level (Week 7)
Low activity level (Week 5)
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217
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218
144.
Frank Company operates a cafe
teria for its employees. The number
of meals served each
week over the last seven week
s, along with the total costs of
operating the cafeteria
are
given below:
Meals served
Cafeteria costs
Week 1
1,500
$4,800
Week 2
1,600
$5,080
Week 3
1,800
$5,280
Week 4
1,450
$4,900
Week 5
1,200
$4,000
Week 6
1,650
$5,100
Week 7
1,900
$5,400
High activity level (Week 7)
Low activity level (Week 5)
Assume that the relevant
range includes all of the activity
levels mentioned in this
problem.
Assume that the cafeteria expec
ts to serve 1,850 meals
during Week 8. Using the
high-
low method, the expecte
d total cost of the cafeteria would be:
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