Question

High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated
eBook Calculator 1. Determine the cost behavior formula of each resource. Use the high-low method to assess the fixed and var
0 0
Add a comment Improve this question Transcribed image text
Answer #1

solution page-1 * High-Low Method, cost formulas – 1. forklift Depreciation:- =) Variable cost per move (cost at highest actiPage 2 ($135000 – $74250) .(20000 - 6500) = $ 4.50 per move fixed cost - $135,000 - $4.50x20000 = $45,000 nis Y - $45,000 + $page-3 >> fixed cost = $ 15200 - 20000 x $0.76 > Equiation is $0.76% -> forklift Deo peciation = $ 1800 » Indirect labor = $Page 4 5) combined Equation Y = $46800 +$5-26 X 9000 moves = $ 46800 + 9000 x $ 5.26 = $94140

Add a comment
Know the answer?
Add Answer to:
High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Chapter 3 Homework eBook Calculator High-Low Method, Cost Formulas The controller of the South Charleston plant...

    Chapter 3 Homework eBook Calculator High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. The number of moves is the driver. The total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows: Resource Number...

  • High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities...

    High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. The number of moves is the driver. The total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows: Resource Number of Moves Total Cost Forklift...

  • High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities...

    High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities assodated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. The number of moves is the driver. The total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows: Resource Forklift depreciation: 4,500 16,500 $1,600 1,600...

  • eBook Print item High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia,...

    eBook Print item High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc, monitored activities assodated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. The number of moves is the driver. The total costs of the three resources and the Resource Forklift depreciation: activity output, as measured by moves for the two different levels, are presented as follows: Number...

  • High-Low Method, Cost Formulas During the past year, the high and low use of three different...

    High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane Flight Hours Total Cost Airplane depreciation: High 44,000 $ 18,700,000 Low 28,000 $ 18,700,000 Fuel: High...

  • High-Low Method, Cost Formulas During the past year, the high and low use of three different...

    High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane Flight Hours Total Cost Airplane depreciation: High 44,000 $ 18,100,000 Low 28,000 $ 18,100,000 Fuel: High...

  • High-Low Method, Cost Formulas During the past year, the high and low use of three different...

    High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Airplane Flight Hours Resource Total Cost Airplane depreciation: High 44,000 20,000 $ 18,100,000 $18,100,000 Fuel: 14 000 445,896,000...

  • eBook Calculator High-Low Method, Cost Formulas During the past year, the high and low use of...

    eBook Calculator High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Airplane Flight Hours Resource Total Cost Airplane depreciation: High 44,000 $ 18,700,000 Low 28,000 $ 18,700,000...

  • High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airl...

    High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane Flight Hours Total Cost Airplane depreciation: High 44,000 $ 19,000,000 Low 28,000 $ 19,000,000 Fuel: High...

  • Calculator High-Low Method, Cost Formulas During the past year, the high and low use of three...

    Calculator High-Low Method, Cost Formulas During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane hours is the driver total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane Flight Hours Total Cost Airplane depreciation: High 44,000 Low $ 18,400,000 $ 18,400,000 28,000 Fuel: High LOW...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT