using high low method | ||||
particulars | month | maintainence costs | machine hours | |
High level of activity | june | $5,520.00 | 730 | |
low level of activity | january | $2,880.00 | 330 | |
Difference | $2,640.00 | 400 | ||
(5520-2880) | (730-330) | |||
variable cost per machine hour | 2640/400 | $6.60 | ||
$6.60 is variable machine hour rate |
Exercise 5-3 a1-a2 (Video) (Part Level Submission) The controller of Crane Industries has collected the following...
Exercise 5-3 al-a2 (Video) (Part Level Submission) The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April Total Total Maintenance Costs Machine Hours $2,880 330 3,180 380 3,780 530 4,680 660 3,380 530 5,520 730 May June (al) Your answer is correct. Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine...
xercise 5-3 a1-a2 (Video) The controller of Sunland 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 $2,590 330 February 2,890 380 March 3,490 530 April 4,390 660 May 3,090 530 June 5,470 730 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 $ Determine the fixed cost components using...
Exercise 19-3 The controller of Norton 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 $2,760 330 February 3,060 380 March 3,660 530 April 4,560 660 May 3,260 530 June 5,700 730 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 VIDEO: APPLIED...
Exercise 5-5 a1-a2 (Video) The controller of Blossom 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 $3,018 4,000 February 3,429 4,572 March 4,115 6,858 April 4,633 9,030 May 3,658 5,715 June 4,817 9,140 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 TEXT Determine...
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
$2,590
330
February
2,890
380
March
3,490
530
April
4,390
660
May
3,090
530
June
5,530
730
Your answer is incorrect. Try again.
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...
Exercise 11-5 (Part Level Submission)
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)
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 Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Costs Month January February March April May June $2,748 3,123 3,748 4,234 3,331 4,620 Total Machine Hours 3,645 4,164 6,246 8,224 5,205 8,325 Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hours LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Determine the fixed...
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...
please help
S sunting, 8e Help System Announcements CALCULATO Exercise 5-5 a1-a2 (Video) The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Costs Month January February March April May June $2,643 3,003 3,604 4,505 3,203 4,668 Total Machine Hours 3,500 4,004 6,006 7,908 5,005 8,000 Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine...
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...