Multiple Choice
The manager at Copley Mulch has been trying to calculate the portion of the company's overhead expenses that is fixed and the portion that is variable.Over the past twelve months,the number of yards of mulch processed was highest in July,when the total monthly overhead costs totaled $6,000 for 25,000 yards of mulch processed.The lowest number of yards of mulch processed in the last twelve months occurred in October,when total overhead costs were $4,000 for 15,000 yards of mulch processed.
-What was the variable cost per yard?
A) $5.00
B) $0.20
C) $0.24
D) $0.27
Correct Answer:

Verified
Correct Answer:
Verified
Q99: Management has little or no control
Q100: YouCall offers a calling plan that
Q101: Cotown Corporation has total sales revenues
Q102: In the equation: y = vx
Q103: Regression analysis uses only two of
Q105: The traditional income statement is considered
Q106: For retailers and service companies,operating income
Q107: Jeppson Company manufactures computer hard
Q108: Using account analysis,what type of cost
Q109: Total mixed costs can be expressed