Homework Answers
1) Variable cost per machine hour = Change in Cost/Change in machine hour = (1740-1500)/(400-240) = 1.50 per machine hour
2) Variable selling and administrative expense per unit = Change in Cost/Change in Units
= (222000-210000)/(250000-200000)
Variable selling and administrative expense per unit = 0.24 per unit
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s 101112150 TB MC Qu. 5A-66 Jorgenson Corporation has provided... Jorgenson Corporation has provided the following...
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Jorgenson Corporation has provided the following data for the first five months of the year Machine Hours 275 January February March Lubrication Cost $ 1,535 $ 1,650 $ 1,765 $ 1,600 $ 1,725 420 335 April May 380 Using the least squares regression method of analysis, the estimated variable lubrication cost per machine hour is closest to
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