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Claremont Company sells refurbished copiers. During the month, the company sold 145 copiers at an average price of $2,300 each. The budget for the month was to sell 140 copiers at an average price of $2,500. The expected total sales for 145 copiers were:

Wang Company manufactures and sells a single product that sells for $600 per unit; variable costs are $324 per unit. Annual fixed costs are $984,400. Current sales volume is $4,340,000. Management targets an annual income of $1,265,000. Compute the unit sales to earn the target income.

Fortune Company’s direct materials budget shows the following cost of materials to be purchased for the coming three months: January February March Material purchases $ 12,100 $ 14,210 $ 11,030 Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. The December Accounts Payable balance is $6,100. The budgeted cash payments for materials in January are:

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. Beginning cash balance on June 1, $94,400. Cash receipts from sales, $415,000. Budgeted cash payments for purchases, $270,000. Budgeted cash payments for salaries, $95,400. Other budgeted cash expenses, $57,400. Cash repayment of bank loan, $32,400. Budgeted depreciation expense, $34,400.

The following information is available for a company’s cost of sales over the last four months. Month Units Sold Total Costs January 410 $ 31,400 February 810 $ 37,500 March 1,650 $ 49,500 April 2,410 $ 61,500 Using the high-low method, the estimated total fixed cost is:

Hassock Corporation produces woven wall hangings. It takes 4 hours of direct labor to produce a single wall hanging. Hassock’s standard labor cost is $16 per hour. During August, Hassock produced 14,900 units and used 60,170 hours of direct labor at a total cost of $960,720. What is Hassock’s labor efficiency variance for August?

Wang Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378 per unit. Annual fixed costs are $872,000. Current sales volume is $4,380,000. Compute the contribution margin ratio.

Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of units expected to be produced are 199,000 in October, 207,500 in November, and 204,000 in December. Glaston assigns variable overhead at a rate of $0.75 per unit of production. Fixed overhead equals $156,000 per month. Compute the budgeted total factory overhead for October.

Select cost information for Klondike Corporation is as follows: 1,000 units of output 2,000 units of output Total Cost/Unit Total Cost/Unit Direct materials $ 4,000 $ 4.00 $ 8,000 $ 4.00 Rent expense $ 2,000 $ 2.00 $ 2,000 $ 1.00 Based on this information:

A statistical method for identifying cost behavior is the: