{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Quiz 3 - she expects to use 300 gallons of water She has...

This preview shows page 1. Sign up to view the full content.

Quiz #3 NAME: _______________________ Please write your letter answer to the LEFT of the question for credit. Each question is worth 1 point. 1: Luci had the following activities and costs associated w/ her business: Activity Estimated Cost Estimated Activity Set up \$1,000,000 100,000 set ups Design \$ 500,000 20,000 hours Packaging \$2,500,000 250,000 boxes If her actual activity was: 2,000 set ups 4,000 design hours 235,000 boxes packaged B Her applied MOH would be closest to: a. \$23,860 b. \$2,470,000 c. \$8,500,000 d. can’t tell 2: Luci also wants to find out how much of her water bill will be next month when
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: she expects to use 300 gallons of water. She has the following information from the last three months to help her: Usage Cost 200 gallons \$300 C 150 gallons \$250 400 gallons \$500 Using the hi-lo method what should she expect her bill to be? a. \$100 b. \$200 c. \$400 d. \$500 3: Carter is currently selling her product for \$150 and has a 30% contribution margin ratio. If she also has a total of \$450,000 of fixed costs then her break even point in units is closest to: B a.4,286 b.10,000 c. \$10,000 d.\$4,286...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online