Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
Answer:
$752,060
Explanation:
Calculation to determine what the total estimated cost of needed manufacturing supplies for July would be:
First step is to calculate the Variable cost per unit
Using this formula
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Let plug in the formula
Variable cost per unit= (853,560 - 723,060) / (540,000 - 450,000)
Variable cost per unit= $1.45
Second step is to calculate the Fixed costs
Using this formula
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Let plug in the formula
Fixed costs= 853,560 - (1.45*540,000)
Fixed costs= $70,560
Fixed costs= 723,060 - (1.45*450,000)
Fixed costs= $70,560
Now let calculate the total estimated cost
Total estimated cost= 70,560 + 1.45*470,000
Total estimated cost= $752,060
Therefore the total estimated cost of needed manufacturing supplies for July would be:$752,060
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.