Homework Answers
| Month | Machin Hr | Maint. Cost | ||
| High LEVEL | 9616 | 5409 | ||
| Low Level | 5553 | 3173 | ||
| Change | 4063 | 2236 | ||
| Change per unit (Variable cost) = Change in total cost / Change in Units Sold | ||||
| =2236 / 4063 | ||||
| Variable cost per machine hr | 0.55 | |||
| Fixed Cost calculation | ||||
| Variable Cost + Fixed cost = Total cost | ||||
| 0.55 * 9616 + Fixed Cost = 5409 | ||||
| Fixed Cost = 117 | ||||
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Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $3,173 3,606 4,327 5,409 3,846 5,553 Total Machine Hours 4,207 4,808 7,212 9,496 6,010 9,616 Your answer is incorrect. Try again. 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 0.55 LINK TO...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Month Maintenance costs Janpary February March April May June $3,123 3,549 4,259 5,323 3,786 5,465 Total Machine Hours 4,140 4,732 7,098 9,346 5,915 9,464 Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places .g. 12.25.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE...
Exercise 11-5 The controller of Hall Industries has collected the following monthly expense data for use...
Exercise 11-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Costs Total Machine Hours Month January February March April May June $2,500 2,840 3,360 4,184 3,000 4,300 3,500 4,000 6,000 7,900 5,000 8,000 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 hours LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use...
Exercise 19-5 The controller of Hall 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 4,625 Total Machine Hours 3,504 4,004 6,006 7,908 5,005 8,008 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 VIDEO: SIMILAR EXERCISE...
Exercise 19-3 The controller of Norton Industries has collected the following monthly expense data for use...
Exercise 19-3 The controller of Norton Industries has collected the following monthly expense data for use in analyzing the behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $2,710 3,010 3,610 4,510 3,210 5,590 Total Machine Hours 350 400 550 640 550 750 Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal pl e.g. 12.250.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS...
Exercise 19-3 The controller of Norton Industries has collected the following monthly expense data for use...
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...
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.
Exercise 18-3 The controller of Norton Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs Total Maintenance Costs Total Machine Hours Month $2,730 January 350 February 3,030 400 March 3,630 550 April 4,530 540 May 3,230 550 June 5,690 750 Detemine the variable cost components using the high-low method....
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
$3,102
4,112
February
3,525
4,700
March
4,230
7,050
April
5,287
9,282
May
3,760
5,875
June
5,428
9,400
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
$
LINK TO TEXT
LINK TO TEXT...
The controller of Crane Industries has collected the following monthly expense data for use in analyzing...
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...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $3,173 3,606 4,327 5,409 3,846 5,553 Total Machine Hours 4,207 4,808 7,212 9,496 6,010 9,616 Your answer is incorrect. Try again. 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 0.55 LINK TO...
Exercise 19-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Month Maintenance costs Janpary February March April May June $3,123 3,549 4,259 5,323 3,786 5,465 Total Machine Hours 4,140 4,732 7,098 9,346 5,915 9,464 Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places .g. 12.25.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE...
Exercise 11-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Costs Total Machine Hours Month January February March April May June $2,500 2,840 3,360 4,184 3,000 4,300 3,500 4,000 6,000 7,900 5,000 8,000 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 hours LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS...
Exercise 19-5 The controller of Hall 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 4,625 Total Machine Hours 3,504 4,004 6,006 7,908 5,005 8,008 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 VIDEO: SIMILAR EXERCISE...
Exercise 19-3 The controller of Norton Industries has collected the following monthly expense data for use in analyzing the behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $2,710 3,010 3,610 4,510 3,210 5,590 Total Machine Hours 350 400 550 640 550 750 Determine the variable cost components using the high-low method. (Round variable cost to 3 decimal pl e.g. 12.250.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS...
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...
The controller of Norton Industries has collected the following
monthly expense data for use in analyzing the cost behavior of
maintenance costs.
Exercise 18-3 The controller of Norton Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs Total Maintenance Costs Total Machine Hours Month $2,730 January 350 February 3,030 400 March 3,630 550 April 4,530 540 May 3,230 550 June 5,690 750 Detemine the variable cost components using the high-low method....
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
$3,102
4,112
February
3,525
4,700
March
4,230
7,050
April
5,287
9,282
May
3,760
5,875
June
5,428
9,400
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
$
LINK TO TEXT
LINK TO TEXT...
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...
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