Variable cost per machine hour = Change in Cost/Change in Machine hour = (4192-3532)/(1480-1080) = 1.65
Fixed cost = 4192-(1480*1.65) = 1750
Total Cost for 1290 Machine hour = (1290*1.65+1750) = 3878.50 or $3879
E6-23 (similar to) Chen Company, which uses the High-Low method to analyze cost behavior, has determined...
Jungemann Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: Jungemann Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow:...
Coughlin Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: (Click the icon to view the data.) i Data Table Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3....
Coughlin Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utlities cost. The company's cost and machine hour usage data for the first six months of the year follow (Click the icon to view the data.) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Coughlin Company...
Question Help E6-34A (similar to) Meyer Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's totale s cost. The company's cost and machine hour usage data fort first six months of the year follow (Click the loon to view the data) Requirements Using the high-low method, answer the following questions 1. What is the variable its cost per machine hour? 2. What is the red cost of its each month?...
Question Help Tran Company, which uses the high-low method to analyze cost behaviour, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow Click the icon to view the data.) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If...
Coughlin Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: (Click the icon to view the data.) Requirements Using the high-low method, answer the following questions 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Coughlin Company...
Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the first six months of the year: Machine Month Utilities Hours January February $10,300 960 9,960 880 March 10,550 970 April 10,960 1,080 May 11,087 1,110 June 10,750 1,060 Using...
please answer requierement 1,2 and 3 Tran Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: Click the icon to view the data.) Read the requirements - X Х Data Table 1 - till Month Total Cost Machine Hours 3,400 1,090 January...... $ February ..... $ March ... $ 3,770...
PLEASE DO ALL PARTS E6-34A (similar to) Question Help Tran Company, which uses the high-low method to analyze cost behavior, has determined that machine hour best predict the coa s tal cost the many cost and machine hour data for the month of the year Click the icon to view the data) Requirements Using the high-ow method answer the following questions: 1. What is the variables cost per machine hour 2. What is the cost of its each mo? 3....
Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the first six months of the year: Month, Utilities Machine Hours January $ 9,200 850 February 8,860 770 March 9,450 860 April 9,860 970 May 10,240 1,000 June 9,650 950...