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Homework Answers
Variable cost per unit=[Total cost at highest level-Total cost at lowest level]/(Highest level-Lowest level)
=(5150-2550)/(700-300)
which is equal to
=$6.5 per machine hour.
Add Answer to:
The controller of Swifty Industries has collected the following
monthly expense data for use in analyzing...
The controller of Swifty Industries has collected the following monthly expense data for use in analyzing the...
The controller of Swifty Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,550
300
February
2,880
360
March
3,480
510
April
4,380
680
May
3,080
510
June
5,150
700
(a1)
Your answer is correct.
Determine the variable cost components using the high-low method.
(Round variable cost to 2 decimal places e.g.
12.25.)
Variable cost per machine hour
$
Click if you would...
The controller of Ayayai Industries has collected the following monthly expense data for use in analyzing the...
The controller of Ayayai Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,880
300
February
3,120
390
March
3,720
540
April
4,620
650
May
3,320
540
June
5,920
700
Determine the variable cost components using the high-low
method. (Round variable cost to 2 decimal places e.g.
12.25.)
Variable cost per machine hour
$
LINK TO TEXT
LINK TO TEXT
Determine the fixed...
The controller of Hall Industries has collected the following monthly expense data for use in analyzing...
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $3,105 4,116 February 3,528 4,704 March 4,234 7,056 April 5,292 9,290 May 3,763 5,880 June 5,433 9,408 (a1) Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Variable cost per machine hour $ eTextbook and Media
The controller of Norton Industries has collected the following monthly expense data for use in analyzing...
The controller of Norton Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,550 300 February 2,850 350 March 3,450 500 April 4,350 690 May 3,050 500 June 5,460 700 Incorrect answer iconYour answer is incorrect. Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal places e.g. 12.250.) Variable cost per machine hour $ 7.3 eTextbook and...
The controller of Norton Industries has collected the following monthly expense data for use in analyzing...
The controller of Norton Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,550
300
February
2,850
350
March
3,450
500
April
4,350
690
May
3,050
500
June
5,460
700
Determine the variable cost components using the high-low
method. (Round variable cost to 3 decimal places e.g.
12.250.)
Variable cost per machine hour
$
LINK TO TEXT
LINK TO TEXT
Determine the fixed...
The controller of Hall Industries has collected the following monthly expense data for use in analyzing...
The controller of Hall Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$ 3,041
4,032
February
3,456
4,608
March
4,147
6,912
April
5,184
9,101
May
3,686
5,760
June
5,322
9,216
Determine the variable-cost
components using the high-low method. (Round variable
cost to 2 decimal places e.g. 12.25.)
Variable cost per machine
hour
$
LINK TO TEXT
LINK TO TEXT
Determine the fixed...
The controller of Hall Industries has collected the following monthly expense data for use in analyzing...
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $3,041 4,032 February 3,456 4,608 March 4,147 6,912 April 5,184 9,101 May 3,686 5,760 June 5,322 9,216 Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Variable cost per machine hour $ eTextbook and Media Determine the fixed cost components...
The controller of Hall Industries has collected the following monthly expense data for use in analyzing...
The controller of Hall Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$6,770
6,300
February
7,720
7,200
March
10,680
10,800
April
13,822
14,220
May
9,100
9,000
June
14,060
14,400
(a1)
Your answer is correct.
Determine the variable-cost components using the high-low method.
(Round variable cost to 2 decimal places e.g.
12.25.)
Variable cost per machine hour
$
Click if you would like...
Exercise 18-03 al-a2 The controller of Pharoah Industries has collected the following monthly expense data for...
Exercise 18-03 al-a2 The controller of Pharoah Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Total Month Costs Machine Hours January $2,620 310 February 2,920 360 March 3,520 510 April 4,420 680 May 3,120 510 June 5,220 710 Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour LINK TO TEXT LINK TO VIO dy Determine...
The controller of Furgee Industries has collected the following monthly expense data for use in analyzing...
The controller of Furgee Industries
has collected the following monthly expense data for use in
analyzing the cost behavior of maintenance costs.
Month
Total Maintenance Costs
Total Machine Hours
January
$2,670
330
February
3,170
480
March
3,770
630
April
4,670
560
May
3,370
530
June
5,010
730
(a)
Your answer is correct.
Determine the variable cost
components using the high-low method. (Round variable cost to 3 decimal places e.g.
12.250.)
Variable cost
per machine hour
$
(b)
Your answer is...
The controller of Swifty Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,550
300
February
2,880
360
March
3,480
510
April
4,380
680
May
3,080
510
June
5,150
700
(a1)
Your answer is correct.
Determine the variable cost components using the high-low method.
(Round variable cost to 2 decimal places e.g.
12.25.)
Variable cost per machine hour
$
Click if you would...
The controller of Ayayai Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,880
300
February
3,120
390
March
3,720
540
April
4,620
650
May
3,320
540
June
5,920
700
Determine the variable cost components using the high-low
method. (Round variable cost to 2 decimal places e.g.
12.25.)
Variable cost per machine hour
$
LINK TO TEXT
LINK TO TEXT
Determine the fixed...
The controller of Norton Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,550
300
February
2,850
350
March
3,450
500
April
4,350
690
May
3,050
500
June
5,460
700
Determine the variable cost components using the high-low
method. (Round variable cost to 3 decimal places e.g.
12.250.)
Variable cost per machine hour
$
LINK TO TEXT
LINK TO TEXT
Determine the fixed...
The controller of Hall Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$ 3,041
4,032
February
3,456
4,608
March
4,147
6,912
April
5,184
9,101
May
3,686
5,760
June
5,322
9,216
Determine the variable-cost
components using the high-low method. (Round variable
cost to 2 decimal places e.g. 12.25.)
Variable cost per machine
hour
$
LINK TO TEXT
LINK TO TEXT
Determine the fixed...
The controller of Hall Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$6,770
6,300
February
7,720
7,200
March
10,680
10,800
April
13,822
14,220
May
9,100
9,000
June
14,060
14,400
(a1)
Your answer is correct.
Determine the variable-cost components using the high-low method.
(Round variable cost to 2 decimal places e.g.
12.25.)
Variable cost per machine hour
$
Click if you would like...
Exercise 18-03 al-a2 The controller of Pharoah Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Total Month Costs Machine Hours January $2,620 310 February 2,920 360 March 3,520 510 April 4,420 680 May 3,120 510 June 5,220 710 Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour LINK TO TEXT LINK TO VIO dy Determine...
The controller of Furgee Industries
has collected the following monthly expense data for use in
analyzing the cost behavior of maintenance costs.
Month
Total Maintenance Costs
Total Machine Hours
January
$2,670
330
February
3,170
480
March
3,770
630
April
4,670
560
May
3,370
530
June
5,010
730
(a)
Your answer is correct.
Determine the variable cost
components using the high-low method. (Round variable cost to 3 decimal places e.g.
12.250.)
Variable cost
per machine hour
$
(b)
Your answer is...
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