question archive Walton Woodcraft Company manufactures “antique” wooden cabinets to house modern televisions
Subject:AccountingPrice: Bought3
Walton Woodcraft Company manufactures “antique” wooden cabinets to house modern televisions. The Company began operations in January of last year. Sidney Myrick, the owner, asks for your assistance. He believes that he needs to better understand the cost of the cabinets for pricing purposes. You have collected the following data concerning actual production over the past year:
Number of | ||||||
Month | Cabinets Produced | Total Cost | ||||
January | 880 | $ | 21,400 | |||
February | 3,650 | 32,500 | ||||
March | 1,950 | 29,100 | ||||
April | 690 | 18,000 | ||||
May | 1,590 | 28,900 | ||||
June | 1,310 | 27,500 | ||||
July | 1,140 | 25,300 | ||||
August | 1,770 | 31,200 | ||||
September | 2,340 | 32,900 | ||||
October | 2,930 | 31,900 | ||||
November | 3,300 | 32,500 | ||||
December | 350 | 9,400 | ||||
Required
To understand the department’s cost behavior, you decide to plot the points on graph paper and sketch a total cost line.
(1) Enter the number of units and their costs in increasing order.
Enter the number of units and their costs in increasing order.
|