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fromme’
Fromme's Frocks has the following machine hours and production costs for the last six months of last year: Production Cost Month July August September October November December Machine Hours 15,400 13,900 11,900 15,900 15,200 12,500 12,095 11,200 9,620 12,120 11,712 9,934 If Fromme expects to incur 11,000 machine hours in January, what will be the estimated total production cost using the high-low method? O $6,875.00 $9,057.50 $18,995.00 O $8,384.91.
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Fromme's Frocks has
the following machine hours and production costs for the last six
months of last year:
Month
Machine
Hours
Production
Cost
July
16,500
$
12,150
August
15,000
12,300
September
13,000
9,650
October
17,000
12,230
November
16,300
11,767
December
13,600
9,967
If Fromme expects to
incur 12,100 machine hours in January, what will be the estimated
total production cost using the high-low method?
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Hagler's Toupees has the following machine hours and production costs for the last six months of last year: Month July August September October November December Machine Hours 15,900 14,100 12.100 16,100 15,400 12,700 Production Cost 12,795 11.460 10,180 12,800 12,292 10,402 If Hagler expects to incur 14,600 machine hours in January, what will be the estimated total production cost using the high-low method? Multiple Choice $11,810.00 $13,165.83 $11,780.00 $12,515.00
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11. Arcadia Company incurred the following costs and machine hours during the first three months of the current year. Assume that the driver for all costs is machine hours. Type of cost Electricity Depreciation Factory supplies Property taxes January $20,000 15,000 9,600 12,000 February $15,000 15,000 5,600 12,000 March $18,000 15,000 7,600 12,000 1,200 700 950 Machine hours Required: A. Using the high-low method, construct a cost formula for electricity cost. B. If Arcadia had total costs in April of...
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Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April Maintenance cost $13,600 $14,720 $13,000 $14,480 $17,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 May June Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $16,600 OB. $3,000 OC. $14,000 OD. $32,000 Maintenance costs at Seaside Manufacturing over the...
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Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $12,460 $14,480 $15,380 $13,200 Machine hours 15,500 16,900 13,700 16,600 17,400 15,000 Using the high-low method, what would the variable maintenance cost per machine hour be? O A. $0.88 OB. $0.91 OC. $0.79 OD. $1.27
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Exercise 171 Moresan Co. gathered the following Information on power costs and factory machine usage for the last six months: Month January February March April May June Power Cost $24,400 30,400 29,000 22,340 19,900 16,900 Factory Machine Hours 13,900 17,600 16,800 13,200 11,600 8,600 Using the high-low method of analyzing costs, answer the following questions. What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs per...
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The Wi total utility costs for the past 6 months ildcat Company has provided the following data on machine the following data on machine-hours wo Month Machine-Hours Total Urility Costs $ 2,522,400 $ 2,188,800 $3,345,500 S1,236,000 $2,865,600 $2,664,300 35,000 30,000 38,000 41,000 42,000 40,000 5 6 Estimatetheiunction for the monthly data using high-low method. (25 points) mate the total variable cost, total fixed cost, and total cost at 36,000 machine- hours. (25 points) Plot the relationship between machine-hours and uti...
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Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $16,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,800 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $5,320 OB. $28,680 O c. $15,880 OD. $10,680
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Question 2 Moresan Co. gathered the following information on power costs and factory machine usage for the last six months: Month January February March April May June Power Cost $24,400 30,400 29,000 22,340 19,900 16,900 Factory Machine Hours 13,900 17,600 16,800 13,200 11,600 8,600 Using the high-low method of analyzing costs, answer the following questions. (a) What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs...
fromme’
Fromme's Frocks has the following machine hours and production costs for the last six months of last year: Production Cost Month July August September October November December Machine Hours 15,400 13,900 11,900 15,900 15,200 12,500 12,095 11,200 9,620 12,120 11,712 9,934 If Fromme expects to incur 11,000 machine hours in January, what will be the estimated total production cost using the high-low method? O $6,875.00 $9,057.50 $18,995.00 O $8,384.91.
Hagler's Toupees has the following machine hours and production costs for the last six months of last year: Month July August September October November December Machine Hours 15,900 14,100 12.100 16,100 15,400 12,700 Production Cost 12,795 11.460 10,180 12,800 12,292 10,402 If Hagler expects to incur 14,600 machine hours in January, what will be the estimated total production cost using the high-low method? Multiple Choice $11,810.00 $13,165.83 $11,780.00 $12,515.00
11. Arcadia Company incurred the following costs and machine hours during the first three months of the current year. Assume that the driver for all costs is machine hours. Type of cost Electricity Depreciation Factory supplies Property taxes January $20,000 15,000 9,600 12,000 February $15,000 15,000 5,600 12,000 March $18,000 15,000 7,600 12,000 1,200 700 950 Machine hours Required: A. Using the high-low method, construct a cost formula for electricity cost. B. If Arcadia had total costs in April of...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April Maintenance cost $13,600 $14,720 $13,000 $14,480 $17,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 May June Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $16,600 OB. $3,000 OC. $14,000 OD. $32,000 Maintenance costs at Seaside Manufacturing over the...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $12,460 $14,480 $15,380 $13,200 Machine hours 15,500 16,900 13,700 16,600 17,400 15,000 Using the high-low method, what would the variable maintenance cost per machine hour be? O A. $0.88 OB. $0.91 OC. $0.79 OD. $1.27
Exercise 171 Moresan Co. gathered the following Information on power costs and factory machine usage for the last six months: Month January February March April May June Power Cost $24,400 30,400 29,000 22,340 19,900 16,900 Factory Machine Hours 13,900 17,600 16,800 13,200 11,600 8,600 Using the high-low method of analyzing costs, answer the following questions. What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs per...
The Wi total utility costs for the past 6 months ildcat Company has provided the following data on machine the following data on machine-hours wo Month Machine-Hours Total Urility Costs $ 2,522,400 $ 2,188,800 $3,345,500 S1,236,000 $2,865,600 $2,664,300 35,000 30,000 38,000 41,000 42,000 40,000 5 6 Estimatetheiunction for the monthly data using high-low method. (25 points) mate the total variable cost, total fixed cost, and total cost at 36,000 machine- hours. (25 points) Plot the relationship between machine-hours and uti...
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $16,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,800 machine hours were used? (Round any intermediary calculations to the nearest cent.) O A. $5,320 OB. $28,680 O c. $15,880 OD. $10,680
Question 2 Moresan Co. gathered the following information on power costs and factory machine usage for the last six months: Month January February March April May June Power Cost $24,400 30,400 29,000 22,340 19,900 16,900 Factory Machine Hours 13,900 17,600 16,800 13,200 11,600 8,600 Using the high-low method of analyzing costs, answer the following questions. (a) What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs...