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Hello students, here is a question.
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Comprehensive problem is this and you must complete part a before completing b and c is the instruction given here.
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Genuine spice inc began operation on january 1 of a current year.
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So, based on the company produces 8 oz bottle on hand for the body lotion called eternal beauty.
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The lotion is sold wholesale for 12 bottle cases for 100 per case.
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There are selling commission of 20 per case.
00:27
So, here in the question we have an information about the production.
00:32
So, we are supposed to determine the fixed variable portion of an unit cost using high low method and here we have an instruction that round unit per cost nearest to the cent at a higher point lower point cost per unit fill the blanks.
00:47
So, these are the information given in the question.
00:50
So, let us do the solution for this.
00:52
So, we will calculate break even analysis for this.
01:00
So, the year will be 2014, case production and utility total cost.
01:19
So, here for 1st is january, it is 500 and 600.
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February it is 800, 660.
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So, march 1200 and 740.
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April 1100 and 720.
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For may it is 950 and 690.
01:57
For june it is 1025 and 705.
02:04
So, now we will do the question 1...