## (Solved) Attached are 7 short questions, that i help with. Thank you in

Attached are 7 short questions, that i help with.  Thank you in advance.

Presented below is the production data for six months of the year

showing the mixed costs incurred by Swift Company.

MONTH

COST

UNITS

July

\$12,000

3,000

August

\$12,500

3,250

September

\$12,250

2,250

October

\$14,250

3,750

November

\$20,000

5,500

December

\$22,750

5,750

Swift Company uses the high-low method to analyze mixed costs.

The predicted total cost at an operating level of 11,000 units is

__________.

Grosbeak Company uses activity-based costing. The company

has two products: A and B. The annual production and sales of

Product A is 5,000 units and of Product B is 10,000 units. There

are three activity cost pools, with total cost and activity as

follows:

Total Activity

Product

A

Activity Cost Pool

Total Cost

Product B

Activity 1

\$

20,000

700

300

1,000

Activity 2

\$

30,000

400

800

1,200

Activity 3

\$

15,000

200

200

400

The activity-based costing cost per unit of Product B is

\$____________. Round to the nearest cent.

Total

Turnstone Company has the following information available:

Revenue

\$750,000

Variable production costs

\$125,000

Fixed production costs

\$100,000

Variable selling costs

\$75,000

Fixed selling costs

\$50,000

The contribution margin is __________? You must enter your

answer in the following format: \$x,xxx

Puffin Corporation has two divisions: East and West. Data from

the most recent month appears below:

Sales

Variable expenses

Traceable fixed

expenses

\$

\$

\$

East

West

500,000

\$

400,000

125,000

\$

80,000

75,000

\$

10,000

The company's common fixed expenses total \$25,000. If the

company operates at exactly the break-even sales of the East

Division and West Division, what would be the company's overall

net operating income (loss)? Please enter your answer in the

following format: for net income: \$x,xxx or for net loss:

(\$x,xxx)

Towhee Motel's cost function is given as:

Y = \$60,000 + \$7.25X

Where:

Y = annual custodial cost

X = number of guest-days of occupancy

In the current year, Towhee Motel has 10,000 guests days. In the

next year, Towhee Motel expects an occupancy level of 11,000

guest days. All costs next year will remain in the same relevant

range as the current year.

What is the expected fixed custodial cost for next year? You

\$x,xxx

Plover Corporation, a merchandising company, reported the

following results for March:

Sales

\$

500,000

Cost of goods sold (all variable)

\$

100,000

Total variable selling expense

\$

25,000

Total fixed selling expense

\$

40,000

expense

\$

10,000

Total fixed administrative expense

\$

25,000

The gross margin for March is _____________.

Phoebe Corporation produces a single product. Data from the

company's records for last year follow:

Units in beginning inventory

0

Units produced

3,500

Units sold

3,000

Selling price per unit

\$500

Variable costs per unit:

Direct materials

\$75

Direct labor

\$100

Variable manufacturing

Variable selling and

\$50

\$15

Fixed costs:

Fixed selling and administrative

\$75,000

\$100,000

Under variable costing, net operating income would be

\$__________.

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This question was answered on: Oct 15, 2019

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STATUS

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Oct 15, 2019

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