The total fixed cost, total variable cost, and total cost curves are shown for a company that produces up to 14 handmade leather satchels per day cost ($) тс 1100 (14.5, 1100) 100 01234567 89 1011 12 13 14 15 16 quantity of satchels produced part 1 (1 point) ? see hint using the formula atc = tc ÷ q , calculate the average total cost at each of the three points marked on the total cost curve. use this information to plot three points on the average total cost curve with the point tool; then, using the curved-line tool, draw the curve. to refer to the graphing tutorial for this question type, click here. cost (s) 750 700 (13.0, 725.0) 600 500 450 350 300 200 150 100 50 part 2 (1point) see hint based on the shape of the average total cost curve, it would reasonable to conclude that a quantity of 12 is the scale.

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

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