According to following information, which of thefollowing is the total cost function in the form of Y =F+V*X ? Number of units produced is 46,000.FixedVariable TotalCostCostCostsMaterial used in ProductionLabour used in ProductionProduction Facilities cost92,00048,0000006179,000 230,000 409,000105,00085,000 133,00040,000197,00079,000TOTAL COSTSelect one:O a. Y = 179,000+V*5O b. Y = 230,000+V*5%3DOc. Y = 409,000+VO d. Y = 179,000+V*23

Answered: total cost function

Business

Accounting

total cost function

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

According to following information, which of the following is the total cost function in the form of Y = F+V*X? Number of units produced is 18,000. Fixed Variable Total Cost Cost Costs Material used in Production 88,000 40,000 128,000 Labour used in Production 42,000 38,500 80,500 Production Facilities cost 37,000 167,000 108,000 275,000 29,500 66,500 TOTAL COST Select one: O a. Y = 275,000+V*108 O b. Y = 167,000+V*18 O CY = 167,000+V*6, O d.Y = 108,000+V*275 e to search F10 D Gy H i BY NT M
According to following information, which of the following is the total cost function in the form of Y = F+V*X ? Number of units produced is 16500. Fixed Cost Variable Cost Total Costs Material used in Production 87,000 57,000 144,000 Labour used in Production 60,000 59,500 119,500 Production Facilities cost 55,000 48,500 102,500 TOTAL COST 202,000 165,000 367,000 Select one: a. Y = 367,000+V*10 b. Y = 202,000+V*16.5 c. Y = 202,000+V*10 d. Y = 367,000+V*16.5
According to following information, which of the following is the total cost function in the form of Y = F+V*X? Number of units produced is 18,000. Fixed Variable Cost Cost Material used in Production 88,000 40,000 Labour used in Production 42,000 38,500 Production Facilities cost 37,000 29,500 TOTAL COST 167,000 108,0OC Select one: • a. Y = 167,000+V*6 Ob. Y 167,000+V*18 c. Y = 275,000+V*108 O d. Y = 108,000+V*275
Two products A and B are manufactured in a department. Sales for the year 2020 were planned as follows: Product Quarter 1 Quarter 2 Quarter 3 Quarter 4 8000 10000 11000 14000 6000 8000 7500 5500 Selling prices in Quarter 1 were estimated as OMR 20 per unit for A and OMR 30 for B respectively. Average sales return are 5% of Sales and 10% increase in selling price in each quarter compared to previous one. According to these estimates, which of the following is estimated Sales (OMR) in Quarter 3 for Product A? Select one: O a. 254050 O b. 219600 Oc. 185600 O d. 252890 Next page
According to following information, which of the following is the total cost function in the form of Y = F+V*X ? Number of units produced is 25000. Fixed Cost Variable Cost Total Costs Material used in Production 77,000 55,000 132,000 Labour used in Production 50,000 57,500 107,500 Production Facilities cost 45,000 47,500 92,500 TOTAL COST 172,000 160,000 332,000 Select one: a. Y = 172,000+V*6.4 b. Y = 332,000+V*160 c. Y = 172,000+V*16.5 d. Y = 332,000+V*25 2) According to the information given in the table below, which of the following is Cost of Goods Sold? Cost of Production 275300 Opening stock of WIP 49250 Opening stock of FG 28500 Closing stock of WIP 21550 Closing stock of FG 1020 units Total production units 3030 Select one: a. 285100 b. 243000 c. 229500 d. 253000 Clear my choice
According to following information, which of the following is the total cost function in the form of Y = F+V*X? Number of units produced %3D is 18,000. Fixed Variable Cost Cost Material used in Production 88,000 40,000 Labour used in Production 42,000 38,500 Production Facilities cost 37,000 29,500 TOTAL COST 167,000 108,000 Select one: • a. Y = 167,000+V*6 %3D b. Y = 167,000+V*18 c. Y = 275,000+V*108 d. Y 108,000+V*275 %3D
According to following information, which of the following is the total cost function in the form of Y = F+V*X ? Number of units produced is 46,000. Fixed Cost Variable Cost Total Costs Material used in Production 92,000 105,000 197,000 Labour used in Production 48,000 85,000 133,000 Production Facilities cost 39,000 40,000 79,000 TOTAL COST 179,000 230,000 409,000 choose one a. Y = 409,000+V b. Y = 179,000+V*5 c. Y = 179,000+V*23 d. Y = 230,000+V*5
According to following information, which of the following is the total cost function in the form of Y F+V*X ? Number of units produced is 16500. Fixed Cost Variable Total Cost Costs Material used in Production 87,000 57,000 144,000 60,000 59,500 119,500 Labour used in Production Production Facilities cost 55,000 48,500 102,500 TOTAL COST 202,000 165,000 367,000
According to following information, which of the following is the total cost (OMR) and total cost equation in the form of Y = F+VX? Number of units produced is 10000. Fixed Total Costs Costs Material used in 2000 Production 44000 Labor used in Production 11400 21400 Production 2640 11140 Facilities cost
Consider the information below for a company whose products goes through two processes; material cost of GHC100000 for a quantity of 10000kg, labour cost- GHC50000 and overhead cost as twice the cost of labour. The company expected an output of 9500kg from process 1 but eventually obtained 9400kg. What value should the output be transferred to process 2? OA. GHC36 O B. GHC26 OC. GHC16 D. GHC27
For each of the following independent cases (A to E), compute the missing values in the table: Case B C D E Prime Conversion Cost Cost $ 9,450 $ 16,420 $ 56,200 110,700 49,250 Direct Materials 4,070 10,150 41,800 19,600 Direct Manufacturing Labor Overhead BIM $ 7,440 11,350 13,600 11,040 24,800 23,900 Total Manufacturing Cost 42,390 68,850 56,600
For each of the following independent cases (A through E), compute the missing values in the table: Total Manufacturing Cost Case A B CDE Prime Cost 6,880 11,680 Conversion Cost 11,570 8,050 20,670 Direct Materials $ 2,040 2,200 1,450 3,490 $ Direct Manufacturing Labor Overhead 1,100 S 3,070 2,020 3,520 6,890 3,000 9,500 5,970