Ian’s Pizza wants to predict its monthly costs based on prod…

Ian’s Pizza wants to predict its monthly costs based on production volume of their famous mac & cheese slices. The company has collected data on costs and units produced for the past 6 months. Based upon the regression analysis, the average fixed costs are estimated to be $30,000, and variable costs per unit are $0.83. Using regression analysis, predict the cost for a month when 15,000 slices of pizza are produced.

Don’s Donuts is a tremendously successful Donut shop on the…

Don’s Donuts is a tremendously successful Donut shop on the East side of Madison. Don is considering opening up a new shop on campus, but he wants to have a better understanding of the required costs to do so. Don compiled seven monthly telephone bills from 2024 below. Please use the high-low method to help Don find the fixed cost component of his telephone bill. Please round your answer to the nearest whole number. Month Minutes Cost 1 18,491 $10,877 2 10,180 $11,470 3 20,913 $15,853 4 19,832 $15,433 5 11,830 $12,155 6 14,849 $13,419 7 23,990 $17,132

Badger LLC determines it’s manufacturing overhead rate for t…

Badger LLC determines it’s manufacturing overhead rate for the year based on the cost of direct labor. The estimated and actual costs for the year are outlined in the table below. What would the appropriate journal entry include to adjust for the amount of under/over applied manufacturing overhead?   Estimated Costs for Year Actual Costs for Year Manufacturing Overhead $500,000 $450,000 Direct Labor $800,000 $725,000