Multiple Choice
The highest value of total cost was $800,000 in June for Horchata Beverages,Inc.Its lowest value of total cost was $510,000 in December.The company makes a single product.The production volume in June and December were 13,000 and 8000 units,respectively.What is the fixed cost per month? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar.)
A) $510,000
B) $290,000
C) $46,000
D) $8000
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Choice Creations,Inc.sells hand sewn shirts at $58.00
Q13: Aqua Primavera,Inc.has provided the following information
Q14: Absorption costing is required by the Generally
Q15: Emerald Pools,Inc.has provided the following information
Q16: Advantage,Inc.,a tennis equipment manufacturer,has variable costs of
Q18: Cost-volume-profit analysis is NOT useful in _.<br>A)
Q19: Variable costing considers only _ costs when
Q20: Which of the following is considered a
Q21: The high-low method is used to _.<br>A)
Q22: One of the assumptions of cost-volume-profit (CVP)analysis