Account-classification method | Accounting homework help

Lancaster Meat Company produces one of the best sausage products in southeastern Pennsylvania. The company’s controller used the account-classification method to compile the following information.

a.      Depreciation schedules revealed that monthly depreciation on buildings and equipment is $21,000.

b.      Inspection of several invoices from meat packers indicated that meat costs the company $1.20 per pound of sausage produced.

c.       Wage records showed that compensation for production employees costs $.85 per pound of sausage produced.

d.      Payroll records showed that supervisory salaries total $11,000 per month.

e.       Utility bills revealed that the company incurs utility costs of $5,000 per month plus $.25 per pound of sausage produced.


1.      Classify each cost item as variable, fixed, or semivariable.

2.      Write a cost formula to express the cost behavior of the firm’s production costs. (Use the form

bX, where denotes production cost and denotes quantity of sausage produced.)

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.