Posted: August 14th, 2016

Complete the preceding table by filling the missing amounts ?

___ F. Wages paid to production workers in an automobile assembly plant
___ G. Pepperoni sausage used by a restaurant to make pizza
___ H. Shipping costs incurred by IBM to ship its computers to customers
___ I. Depreciation of office equipment by Microsoft Corporation
___ J. Electricity used to operate equipment in a factory
___ K. Salary of the CEO of General Motors Corporation
___ L. Lubricants used to maintain machinery in a textile factory
___ M. Cost of metal cans used in a dog food factory
___ N. Advertising costs incurred by AT&T
___ O. Fuel costs for an airline

Required:
Classify each cost as variable (V) or fixed (F) with respect to volume or level of activity.

Probleme #3
Farmington Corporation manufactures toaster ovens, generally selling from 20,000 to 30,000 units
per year. The following cost data apply to the activity levels shown:
Required
1. Complete the preceding table by filling the missing amounts for 25,000 and 30,000 units.

2. Assume that Farmington actually makes 28,000 units. What would be the total costs and the cost per unit at this level of activity?

See attached for table

Problem #4
Banning Company expects to incur $450,000 in manufacturing overhead costs during 2012. Other budget information follows:

See attached