Anderst Corporation has provided the following production andaverage cost data for two levels of monthly...

50.1K

Verified Solution

Question

Accounting

Anderst Corporation has provided the following production andaverage cost data for two levels of monthly production volume. Thecompany produces a single product. Production volume 1,700 units 4,100 units Direct materials $55 per unit $55 per unit Direct labor $50 per unit $50 per unit Manufacturing overhead $78 per unit $51 per unit The best estimate of the total monthly fixed manufacturing cost is:(Do not round round intermediate calculations, round final answerto nearest whole number) a $132,600 b $209,100 c $214,650 d $78,413 Share: by email on facebook on twitter flag question for abuse Comments (0) 25 Karma Points Awarded Answered Answer(s): chippy July 21, 2009 Rating: LifeSaver Oracle 86590 Karma Pts Expert Bookmark Answer Details From the given data , we get thefollowing two equations: 1700V + F = 132,600 4100V + F = 209,100 Solving the two equations we get , V = 31.875 & F = 78,413 Hence , the answer is d. 78,413 How do you compute V

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students