Homework Answers
The correct answer is
$ 9173
Explaination
Variable component of Inspection Costs
= (high level costs - low level costs) / (high level units - low level costs)
= (18500-17470)/(987-878)
= $9.45
Fixed costs of inspection costs
= high level costs - variable costs
= 18500 -( 987*9.45)
= $ 9173
Add Answer to:
Inspection costs at one of Ratulowski Corporation's factories are listed below: April May June July August...
Inspection costs at one of Ratulowski Corporation's factories are listed below: April May June July August...
Inspection costs at one of Ratulowski Corporation's factories are listed below: April May June July August September October November December Units Produced 923 985 929 913 935 920 937 877 916 Inspection Costs $18,012 $18,400 $18,065 $17,916 $18,094 $17,980 $18,132 $17,380 $17,938 Management believes that inspection cost is a mixed cost that depends on units produced Using the high-low method, the estimate of the fixed component of inspection cost per month is closest to: (Round your intermediate calculations to 2...
8. Inspection costs at one of Iuliano Corporation's factories are listed below: Units produced Inspection cost...
8. Inspection costs at one of Iuliano Corporation's factories are listed below: Units produced Inspection cost February 915 $ 17,212 March 969 $ 17,600 April 921 $ 17,265 May 905 $ 17,110 June 927 $ 17,294 July 912 $ 17,180 August 929 $ 17,332 September 869 $ 16,660 October 908 $ 17,138 Management believes that inspection cost is a mixed cost that depends on units produced. Using the high-low method, the estimate of the fixed component of inspection cost per...
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April...
Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April 906 $ 16,312 May 951 $ 16,700 June 912 $ 16,365 July 896 $ 16,210 August 918 $ 16,394 September 903 $ 16,280 October 920 $ 16,432 November 860 $ 15,850 December 899 $ 16,238 Management believes that inspection cost is a mixed cost that depends on units produced. Calculate the following using the high-low method: 1. Variable Cost per unit produced (round to...
Inspection costs at one of Ratulowski Corporation’s factories are listed below: Units Inspection Produced Cost April...
Inspection costs at one of Ratulowski Corporation’s factories are listed below: Units Inspection Produced Cost April 777 $10,176 May 807 $10,404 June 798 $10,355 July 835 $10,665 August 822 $10,542 September 795 $10,313 October 805 $10,409 November 853 $10,795 December 796 $10,310 Management believes that inspection cost is a mixed cost that depends on units produced. Using the high low method, create a cost formula for inspection cost. Round variable cost per unit (b) to two decimal places. Round fixed...
Electrical costs at one of Rome Corporation's factories are listed below. March April May June July...
Electrical costs at one of Rome Corporation's factories are listed below. March April May June July August September October November Machine-Hours Electrical Cost 458 1,007 423 934 440 979 409 982 426 952 372 822 414 926 431 949 468 1,025 Management believes that electrical cost is a mixed cost that depends on machine-hours. Using the high-low method, the estimate of the variable component of electrical cost per machine-hour is closest to
Electrical costs at one of Finfrock Corporation's factories are listed below: March April May June July...
Electrical costs at one of Finfrock Corporation's factories are listed below: March April May June July August September October November Machine- Hours 3,642 3,616 3,667 3,634 3,665 3,659 3,644 3,612 3,624 Electrical Cost $ 40,537 $ 40,319 $ 40,706 $ 40,462 $ 40,703 $ 40, 680 $ 40,547 $ 40,268 $ 40,364 Management believes that electrical cost is a mixed cost that depends on machine hours. Use the high-low method to estimate the variable and fixed components of this cost....
Help Save & Seifer Inc's inspection costs are listed below. 112 024242 April May June July...
Help Save & Seifer Inc's inspection costs are listed below. 112 024242 April May June July August September October November Units Produced Inspection Costs 119 8,558 8,535 113 8,415 8,736 152 9,357 108 8,320 120 8,603 192 10,337 125 Management believes that inspection cost is a mixed cost that depends on the number of units produced Using the least squares regression method, the estimates of the variable and fixed components of inspection cost would be closest to Multiple Choice $2408...
Seifer Inc.'s inspection costs are listed below: Units Produced Inspection Costs April 119 $ 8,600 May...
Seifer Inc.'s inspection costs are listed below: Units Produced Inspection Costs April 119 $ 8,600 May 117 $ 8,500 June 113 $ 8,400 July 125 $ 8,700 August 152 $ 9,300 September 100 $ 8,200 October 120 $ 8,600 November 200 $ 10,400 Management believes that inspection cost is a mixed cost that depends on the number of units produced. Using the high-low method, the estimates of the variable and fixed components of inspection cost would be closest to: $22...
Inspection costs at one of Ratulowski Corporation's factories are listed below: April May June July August September October November December Units Produced 923 985 929 913 935 920 937 877 916 Inspection Costs $18,012 $18,400 $18,065 $17,916 $18,094 $17,980 $18,132 $17,380 $17,938 Management believes that inspection cost is a mixed cost that depends on units produced Using the high-low method, the estimate of the fixed component of inspection cost per month is closest to: (Round your intermediate calculations to 2...
Electrical costs at one of Rome Corporation's factories are listed below. March April May June July August September October November Machine-Hours Electrical Cost 458 1,007 423 934 440 979 409 982 426 952 372 822 414 926 431 949 468 1,025 Management believes that electrical cost is a mixed cost that depends on machine-hours. Using the high-low method, the estimate of the variable component of electrical cost per machine-hour is closest to
Electrical costs at one of Finfrock Corporation's factories are listed below: March April May June July August September October November Machine- Hours 3,642 3,616 3,667 3,634 3,665 3,659 3,644 3,612 3,624 Electrical Cost $ 40,537 $ 40,319 $ 40,706 $ 40,462 $ 40,703 $ 40, 680 $ 40,547 $ 40,268 $ 40,364 Management believes that electrical cost is a mixed cost that depends on machine hours. Use the high-low method to estimate the variable and fixed components of this cost....
Help Save & Seifer Inc's inspection costs are listed below. 112 024242 April May June July August September October November Units Produced Inspection Costs 119 8,558 8,535 113 8,415 8,736 152 9,357 108 8,320 120 8,603 192 10,337 125 Management believes that inspection cost is a mixed cost that depends on the number of units produced Using the least squares regression method, the estimates of the variable and fixed components of inspection cost would be closest to Multiple Choice $2408...
Most questions answered within 3 hours.
-
In recent years, 80% of those accused of Driving Under the
Influence (DUI) get convicted (includes...
asked 4 minutes ago -
Why does Max Weber distinguish between "power," "authority," and
different types of authority? What is he...
asked 4 minutes ago -
What would the solow growth model look like if there was a
production function which had...
asked 10 minutes ago -
A company project has an initial cost of $40,000, expected net
cash flows of $9,000 per...
asked 11 minutes ago -
How do you use strategy in your current position or how does
your current position align...
asked 13 minutes ago -
a person's ability to be properly diagnosed with a
disease/condition can be affected by the person;s...
asked 13 minutes ago -
John needs 40 Eternal Light flashlights. Each Eternal Light
flashlight requires 3 bulbs, and each bulb...
asked 21 minutes ago -
1) If Nominal GDP is $16,000 billion and the GDP deflator is 50,
then Real GDP...
asked 27 minutes ago -
D. A student completed 20 courses in the School of Arts and
Sciences. Her grades in...
asked 2 hours ago -
teo
pucks moving on a frictionless air table are about to collide. the
1.5 kg puck...
asked 2 hours ago -
Problem #1
The area between Z = 0 and Z = 2.50
The area between Z...
asked 3 hours ago -
1. What is the meaning of the term communication style?
2. What are the benefits to...
asked 3 hours ago