Exam 3: Systems Design: Activity-Based Costing

Selected information about Buehler Corporation's operations at high and at low levels of activity follows: Using the high-low method,what is the cost formula for manufacturing overhead?

The following data pertains to activity and utility costs for two recent years: Using the high-low method,the cost formula for utilities is?

The contribution margin for Crandall's Bookstore for the first quarter is?

The best estimate of the company's total fixed operating expense per year is?

Within the relevant range of activity,variable cost per unit will:

Given the cost formula Y = $12,000 + $6X,total cost at an activity level of 8,000 units would be?

The best estimate of the company's variable operating expense per unit is?

The gross margin (loss)for Porter Company for the second quarter was?

Buckeye Company has provided the following data for maintenance cost: The best estimate of the cost formula for maintenance is?

A mixed cost contains both variable and fixed cost elements.

Unified Parcel,Inc. ,operates a local parcel delivery service.The company keeps detailed records relating to operating costs of trucks,and has found that if a truck is driven 110,000 miles per year the operating cost is 7.5 cents per mile.This cost increases to 8.75 cents per mile if a truck is driven 60,000 miles per year. Required: Estimate the cost formula for truck operating costs using the high-low method.

Which of the following is not a variable cost of producing sweatshirts?

A cost driver is:

The contribution margin approach to the income statement:

If sales are projected to be 8,000 units in September,total expected operating expenses would be?

Which of the operating expenses of the company is variable?

The total fixed overhead cost for O'Donnell is?

The difference between sales revenues and the total of variable costs is:

An increase in the activity level within the relevant range results in:

Stuart Manufacturing produces metal picture frames.The company's income statements for the last two years are given below: