View the full answer. Compute the missing amount for Felix Company.
Solved Felix Co Reports The Following Information About Chegg Com
It has 2400 units 100 complete with respect to direct materials and 80 complete with respect to conversion in process at month-end.
. 3 Felix Co. Then use the high-low method to estimate the fixed and variable components of the cost of sales. Reports the following information about its sales and cost of sales.
Period Units Produced Period O NON- 550 950 1350 1750 Total Costs 2650 3250 3850 4450 5050 Units Produced 2150 2550 2950 3350 3750 Total Costs 5650 6250 6850 7450 9400 10 Estimate total costs if 3150 units are produced. Fees income of 12000 an investment by the owner of 3000 salaries expenses of 9000 and withdrawals of 5000. Assume that a firm has the following information in its analysis of its business transactions during its first year of business.
180 480 Units Produced 2080 2480 2880 3280 880 1280 1680 Total Costs 5580 6180 6780 7380 8836 eBook Hint Print Estimate total costs if 3080 units are produced. Depreciation expense 20 Increase in deferred tax asset Gain on sale of assets 35 Decrease in long-term debt Increase in inventories 25 Decrease in accounts payable What is cash from financing activities for Felix Company. Draw an estimated line of cost behavior using a scatter.
Felix Company reports the following information. The following information is available for Felix Company. A firms financial affairs are summarized in periodic reports called general ledgers.
During the month 496800 of direct materials costs and 2165940 of conversion costs were charged to the Forming department. Draw an estimated line of cost behavior using a scatter diagram and compute fixed costs and variable costs per unit sold. Units Produced Total Costs 2515 3235 3955 4675 5395 6115 6835 7555 8275 8995 Period 1 2 400 800 1200 1600 2000 2400 2800 3200 3600 4 6.
Reports the following information about its sales and cost of sales. 40 Depreciation expense 20 Increase in deferred tax asset 5 Gain on sale of assets 35 Decrease in long-term debt 50 Increase in inventories 25 Decrease in accounts payable 15 What is the change in cash for Felix Company. Did Felix earn a Net Income or suffer a net loss for the year.
Reports the following information about its sales and cost of sales. 40 5 50. 7 10 Exercise 18-5 Algo Measuring costs using high-low method LO P1 1 Use the high-low method to estimate the fixed and variable components of total costs.
The following additional information is available for the Forming department. Period Units Produced Period points Total Costs 2500 3. Felix Company reports the following information.
Felix Company reports the following information. Period 1 2 3 4 5 Units Produced 0 400 800 1200 1600 2000 2400 2800 3200 3600 Total Costs 2500 3100 3700 4300 4900 5500 6100 6700 7300 7900 6 7 8 9 10 1 Use the high-low method to estimate the fixed and variable components of total costs. Draw an estimated line of Vcost behavior using a scatter diagram and compute fixed costs and variable costs per unit sold.
Reports the following information about its sales and cost of sales. Then use the high-low method to estimate the fixed and variable components of. Solution for Required information The following information applies to the questions displayed below Felix Company reports the following information.
The records of Felix Company show the following at December 31 2018. You will need to determine Retained Earnings December 31 2018 and total stockholders Equity December 31 2018. Use the high-low method to calculate the variable component of.
Solution for The following information applies to the questions displayed below Felix Company reports the following information. Reports the following information about its units produced and total costs. Reports the following information about its units produced and total costs Units Produced Period Period 400 Units Produced 2000 2400 2800 3200 3600 Total Costs 2500 3100 3700 4300 4900 Total Costs 5500 6100 6700 7300 7990 800 1200 1600 Estimate total costs of 3000.
Question 3 The following information is available for Felix Company. Net income 300 Decrease in plant and equip. Then use the high-low method to estimate the fixed and variable components of the cost of sales.
Period Units Produced Total Costs 4740 640 4040 1040 4440 1440 5040 1840 4140 2240 4340 2640 8840 3040 16240 9 3440 5040 3840 12996 SO OWN Exercise 21-5 Algo Measuring costs using high-low method LO P1 1 Use the high-low method to estimate the fixed and variable components of total costs. Reports the following information about its sales and cost of sales. Draw an estimated line of cost behavior using a scatter diagram and compute fixed costs and variable costs per unit sold.
Reports the following information about its units produced and total costs. Net income 300 Decrease in plant and equip.
Solved Felix Co Reports The Following Information About Chegg Com
Solved Felix Co Reports The Following Information About Chegg Com
Solved 3 Felix Co Reports The Following Information About Chegg Com
Solved Value 2 22 Polnts Felix Co Reports The Following Chegg Com
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