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Finder File Edit View Go Window Help ? 36% D' ? E ?))) Sat Jun 16 8:46 PM Alex , ezto.mheducation.com Home alamo.edu McGraw-Hill Connect Chapter 5 Exercises Required: 1. Identity each cost as variable, fixed, or mixed, and express each cost as a rate per month or per unit (or combination thereof). (Round your per unit value to 2 decimal places.) Costs Behavior Rate Direct Materials Direct labor Uülides Supervisor's Salary Maintenance Deprecation per Unit per Unit per Unit per Unit per Unit per Unit per Month per Month per Month par Month por Month per Month 2. Determine the total foxed cost per month and the variable cost per unit for Moming Dove. (Round your variable cost per unit to 2 decimal places.) Total Variable Coet per Unit Total Fixed Cost per Month 3. State Morning Dove's linear cost equation for a production lavel of 0-1,900 units. Enter answer as an equation in the form of y- abx. (Round your variable cost per unit to 2 decimal places.) i Costa 4. Calculate Morning Dove's expected total cost if production increased to 1.800 units per month. Enter answer as an equation in the form or y = a + b Round Variable cost per unit to 2 decimal places 0 popcorntime apExplanation / Answer
Answers
Total
Variable
Per unit
Fixed
Direct Material
$ 1,900.00
$ 1,900.00
$ 1.00
$ -
Direct Labor
$ 7,700.00
$ 7,700.00
$ 4.05
$ -
Utilities
$ 650.00
$ 510.00
$ 0.27
$ 140.00
Supervisors Salary
$ 3,200.00
$ 3,200.00
Maintenance
$ 460.00
$ 120.00
$ 0.06
$ 340.00
Depreciation
$ 750.00
$ 750.00
TOTAL
$ 14,660.00
$ 10,230.00
$ 5.38
$ 4,430.00
Behaviour
per unit
per month
Direct Material
Variable
$ 1.00
$ -
Direct Labor
Variable
$ 4.05
$ -
Utilities
Mixed
$ 0.27
$ 140.00
Supervisors Salary
Fixed
$ -
$ 3,200.00
Maintenance
Mixed
$ 0.06
$ 340.00
Depreciation
Fixed
$ -
$ 750.00
Total Variable cost
$ 5.38
Total Fixed cost per month
$ 4,430.00
Total Cost = $ 4430 + $ 5.38x
a
+
b
x
X
=
y
$ 4,430.00
+
$ 5.38
x
1,800 units
$ 14,114.00
Unit Sales price
-
Unit Variable Cost
=
Unit Contribution margin
$ 24.00
-
$ 5.38
=
$ 18.62
Unit Contribution margin
/
Unit Sales price
=
Contribution Margin ratio
$ 18.62
/
$ 24.00
=
77.58%
Sales Revenue [2100 x $24]
$ 50,400.00
Direct Material
$ 2,100.00
Direct Labor
$ 8,505.00
Utilities
$ 567.00
Maintenance
$ 126.00
Contribution Margin
$ 39,102.00
Utilities
$ 140.00
Supervisors Salary
$ 3,200.00
Maintenance
$ 340.00
Depreciation
$ 750.00
Net Operating Income
$ 34,672.00
Total
Variable
Per unit
Fixed
Direct Material
$ 1,900.00
$ 1,900.00
$ 1.00
$ -
Direct Labor
$ 7,700.00
$ 7,700.00
$ 4.05
$ -
Utilities
$ 650.00
$ 510.00
$ 0.27
$ 140.00
Supervisors Salary
$ 3,200.00
$ 3,200.00
Maintenance
$ 460.00
$ 120.00
$ 0.06
$ 340.00
Depreciation
$ 750.00
$ 750.00
TOTAL
$ 14,660.00
$ 10,230.00
$ 5.38
$ 4,430.00
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