Are these answers correct? Number of Tables Produced1/1)(28) SZA - I Hate U (Visualiz x+com/ilrn/takeAssignment/takeAssignmentMan.ao?inprogress=trueA. Using the high-low method, express the company's utility costs as an equation where X represents number of tables produced.Total Costs = Y = $131X 09B. Predict the utility costs if 800 tables are produced.Maintenance cost $3,011C. Predict the utility costs if 600 tables are produced.Maintenance cost $2,291D. A scatter graph of the cost data is below.00600800Z009000$2,500$3,500000'ES000oFactory Utility ExpensesThe relationship between number of tables produced and utility expenses is:positive linear.All work saved.26°F Sunny II1/1(28) SZA - I Hate U (Visualiz X +m/ilrn/takeAssignment/takeAssignmentMam.uo?inprogress-trueThe following cost data from Hickory Furniture is for the year 2017.Number ofFactoryTablesUtilityMonthProducedExpensesJanuary550$2,063February2,663OTZMarch6502,438April1,823May5121,920June6252,344July3,019August2,813September6752,531October525696'November8753,281December6852,569A. Using the high-low method, express the company's utility costs as an equation where X represents number of tables produced.Total Costs = Y = $131 +3.60 xB. Predict the utility costs if 800 tables are produced.Maintenance cost $3,011All work saved.26°F Sunny ^

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A. Using the high-low method, express the company's utility costs as an equation where X represents number of tables produced. otal Costs = Y = $ 131 + 3.60 x B. Predict the utility costs if 800 tables are produced. Maintenance cost $ 3,011 C. Predict the utility costs if 600 tables are produced. Maintenance cost $ 2,291

A. Using the high-low method, express the company's utility costs as an equation where X represents number of tables produced. otal Costs = Y = $ 131 + 3.60 x B. Predict the utility costs if 800 tables are produced. Maintenance cost $ 3,011 C. Predict the utility costs if 600 tables are produced. Maintenance cost $ 2,291

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter4: Operating Activities: Sales And Cash Receipts

Section: Chapter Questions

Problem 1.3C

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uols A moodle1.du.edu.om Prime cost is 236000 OMR, and cost of production for the year is 355000 OMR Opening stock of work in progress is 4000, and closing stock of Work in progress is 5000 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 358500 OMR Calculate cost of goods available for sale Select one: a. None of these O b. 395000 OMR O c. 385500 OMR O d. 378500 OMR Previous page Next page ASSIGNMENT 1 Jump to... Quiz navigation 200 1 2 3 5 6 7 8 || 9 4. II
The following information is given for Gator Company, who uses the FIFO method. Item Quantity Cost NetRealizableValue ReplacementCost NRVMinusNormalProfit 1 1 $17.70 $24.60 $18.00 $17.10 2 1 10.80 8.28 9.30 5.58 3 1 72.00 64.80 67.20 57.60 4 1 4.80 3.12 2.88 2.64 5 1 12.00 12.30 12.60 11.10 6 1 48.00 45.60 38.40 40.80 Required: a. Determine the lower of cost or net realizable value for each inventory item for Gator Company. Item 1 2 3 4 5 6 b. Determine the lower of cost or net realizable value for Gator Company's inventory if the lower of cost or net realizable value rule is applied to the total inventory.$_______
ngageNOWv2 | Online teachin X + com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A ★ Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. $60,000 $19,800 Finished goods inventory, June 1 Cost of goods manufactured (e) 69,300 270,000 (c) 516 (a) $188,100 $108,900 Cost of finished goods available for sale Finished goods inventory, June 30 Cost of goods sold 64,000 39,500 (f) (b) (d) $100,200 a. $ 8:27, D 5/2/20 b. C. d. e. f. $ Ś $ $ -- OL i ال اے الكل L 9
7.07 O * Asiacell liı. A docs.google.com 3 O 5 O If the net sales 159 150 ID , beginning -1 finished goods inventory 16 5o0 ID „Cost of goods manufactured 121 050 ID, ending finished goods inventory (.. . 9000 ID , the gross profit are 60 600 90 600 O 30 600 O If the prime cost 70 700 ID ,- 2 manufacturing overhead 12 00O ID, beginning work inproces inventory 4
e| MyUSF A My Home CengageNOWv2|Online teachir x engagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inpro. to Product J is one of the many products manufactured and sold by Oceanside Company. An income statement by product line for the past year indicated a net profit for Product J of $2,750. This net profit resulted from sales of $275,000, cost of goods sold of $186,500, and operating expenses of $85,750. It is estimated that 30% of the cost of goods sold represents fixed factory overhead costs and that 40% of the operating expense is fixed. If Product J is retained, the revenue, costs, and expenses are not expected to change significantly from those of the current year. Because of the large number of products manufactured, the total fixed costs and expenses are not expected to decline significantly if Product J is discontinued. Prepare a differential analysis report dated February 8 of the current year. If an amount is zero, enter "0". If…
omus A cdn.student.uae.examus.net/?rldbqn3D1&sessi... ACCT101_FEX_2021_2_Male 2 -34 A company reported the following data related to its ending inventory 5ab 95ab Product 95ab Units Per Market Total on Hand Total Market be18 SR1,100 Unit Cost Cost 100 SR10 SR11 SR1,000 В 75 16 1,200 1,050 60 14 95abe18ce 33 13 840 40 780 16 20 640 800 SR3,680 SR3,730 Calculate the lower-of-cost-or-market on the: e33 (a) Inventory as a whole (b) inventory applied separately to each product. MacBook Pro F3 D00 F4 FS 24 F6 F7 50 & 8 A 95abe18ce33
ourses / BUSS 104-1-20202 / MAKEUP TEST SCHEDULED FOR Thur 16-05-2021 from 11:00 to 12: Noon) Sales are 140000 OMR, variable cost = 110000 OMR calculate contribution Select one: O a. 70000 OMR O b. 69000 OMR c. None of them O d. 65000 OMR Clear my choice age 3=237750&page%=7# Next page
IComc ノラ EEIS.S (LO 2) Vertical analysis (common-sizc) percentages for Palau Company's salcs revenuc, cost of goods sold, and expenses are as follows. Analyze chinge in nci imome. Vertical Analysis 2020 2019 2018 Sales revenue 100.0% 100.0% 100.0% 60.5 Cost of goods sold Expenses 62.9 64.8 26.0 26.6 27.5 Did Palau's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer. BE18.9 (LO 2) Writing Horizontal analysis (trend analysis) percentages for Phoenix Compa chanye in net income.
uols-A moodle1.du.edu.om Flag question Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Total No.of Periods Cost Units January 500 45,750 February 510 46,305 March 520 46,860 April 545 48,248 May 565 49,358 June 580 50,190 July 51,855 610 Select one: a. Y=18000+55.5*X b. Y=21000+50*X c. Y=22500+48.3*X d. Y=19000+52.5*X Clear my choice
Dashboard CengageNOWv2 | Onlin X+ 2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=D&inprogress3false Calculator R. & K. Company's beginning inventory and purchases during the fiscal year ended December 31, 20--, were as follows: Units Unit Price Total Cost Jan. 1 Beginning inventory 20 $12 $240 Apr. 2 1st Purchase 30 $13 390 Aug. 6 2nd pPurchase 25 $14 350 Nov. 9 3rd pPurchase 25 $18 450 $1,430 There are 20 units of inventory on hand at December 31, 20--. 1. Calculate the tota! amount to be assigned to the ending inventory under each of the following methods: a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) 2. Assume the market price per unit (cost to replace) of the R. &. K. Company's inventory on December 31, was $16. Calculate the total amount to be assigned to the ending inventory on December 31, under each of the following methods: a. FIFO lower-of-cost-or-market b. Weighted-average lower-of-cost-or-market All work…
Manger x My Home x CengageNOWv2 |Online teachin x * CengageNOW2|Online teachin x engagenow.com/im/takeAssignment/takeAssignmentMain.do?invoker-&xtakeAssignmentSessionLocator=&inprogress=false 台 ☆ Paused eBook. Print ttem Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $116,600 $38,880 (e) Cost of goods manufactured 825,900 (c) 180,000 Cost of finished goods available for sale (a) $540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000 (F) (b) (d) $945,000 Cost of goods sold a. 16 b. 5.17 C. d. e. 1. (Previous Next Check My Work 3 more Check My Wotk uses remaining Save and Ex Submit Assigment for Grading Progress: 5/8 items All work saved. 103 AM AssignmentL Score: 10.28% 36'F Sunny ^DO e d INE
The following information is for Lawrence Company, who uses the LIFO method: Item Cost NRV MinusNormal Profit Net RealizableValue ReplacementCost a $3.40 $2.79 $4.14 $4.65 b 36.00 28.80 32.40 27.60 c 2.40 1.32 1.56 1.94 d 6.00 5.55 6.15 6.30 e 24.00 20.40 22.80 21.00 f 13.35 10.55 12.30 12.90 1. Determine the lower of cost or market for each inventory item. Item Lower ofCost or Market Value a $ b $ c $ d $ e $ f $ 2. Now assume instead that the company uses FIFO and the inventory is valued using the LCNRV rule, determine the value of each inventory item. Item Lower ofCost or Net Realizable Value a $ b $ c $ d $ e $ f $