A company that produces and sells a single product  has pro…

 A company that produces and sells a single product  has provided information to prepare a contribution format income statement for March.  Sales (6,600 units) $ 455,400 Variable expenses    323,400 Fixed expenses    103,500 If a company sells 6,500 units, its net operating income should be closest to:Note: Do not round intermediate calculations. 

A company is using a predetermined overhead rate that was ba…

A company is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $310,000 and 20,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $338,000 and 18,300 total machine-hours during the period. The predetermined overhead rate per machine hour is closest to:

Supply costs at a company’s chain of gyms are listed below:…

Supply costs at a company’s chain of gyms are listed below:   Client-Visits Supply Cost March 11,649 $ 26,575 April 11,445 $ 26,438 May 11,977 $ 26,795 June 12,200 $ 26,944 July 11,709 $ 26,615 August 11,195 $ 26,271 September 11,989 $ 26,803 October 11,680 $ 26,596 November 11,828 $ 26,695 Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to: Note: Round your intermediate calculations to 2 decimal places.