Solution:- In High Low Method we first find out variable compnent of the cost
Variable cost = HAC - LAC / HAU - LAU
Where, HAC =highest activity cost
LAC = Lowest activity cost
HAU = Highest activity unit
LAU = Lowest activity unit
Variable cost = 3400 - 1200 / 9 - 1
Variable cost = 2200 / 8
Variable cost = 275 per unit
So, Variable Shiping Expense is $275 per unit
Now we have to find out fixed cost
Fixed Cost = HAC - (Variable cost per unit x HAU)
Fixed Cost = 3400 - (275 x 9)
Fixed Cost = 3400 - 2475
Fixed Cost = 925
So, Fixed Shping Expense is $925
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis (LO6-10] (The following information applies to the questions...
requirea iniormaion Exercise 6A-4 High-Low Method: Scattergraph Analysis [L06-10] The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: of 3 Units, Total Shipping MonthShippedExpense s 2,408 $ 2,900 $ 2,300 $ 2,600 s 2,900 $ 3,900 s 1,800 January February Manch April May June uly Exercise 6A-4 Part 2 2. Using the high-low method,...
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis [LO6-10] The following information applies to the questions displayed below] Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: ShippedExpense s 2,400 s 2,900 s 2,300 s 2,600 $ 2,900 $ 3,900 s 1,800 Month anuary Shipped otal Shippin February March April May une uly Exercise 6A-4 Part 4 4. What factors, other than the...
4. What factors, other than the number of units shipped, are
likely to affect the company’s shipping expense? (You may
select more than one answer. Single click the box with the question
mark to produce a check mark for a correct answer and double click
the box with the question mark to empty the box for a wrong answer.
Any boxes left with a question mark will be automatically graded as
incorrect.)
Required information Exercise 6A-4 High-Low Method; Scattergraph Analysis...
what is the variable shipping expense? its not 250 or
2.50
Required information The following information applies to the questions displayed below.] art 1 of 2 Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Units Shipped eBook Month January February March April Total Shipping Expense $ 1.800 $ 2,300 $1,700 $ 2,000 $ 2,300 $ 2,700 $ 1,200 Print References June July...
Required:
1-a. Prepare a scattergraph using the data given above. Plot
cost on the vertical axis and activity on the horizontal axis.
Instructions:
1. On the graph below, use the point tool (January) to
plot units shipped on the horizontal axis and the shipping expense
on the vertical axis.
2. Repeat the same process for the plotter tools
(February to July).
3. To enter exact coordinates, click on the point and
enter the values of x and y.
4. To...
Required Information [The following information applies to the questions displayed below) Archer Company is a wholesaler of custom-built alr-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Units Shipped Month January February March April May Total Shipping Expense $ 2,400 $ 2,900 $ 2,300 $ 2.600 $ 2,900 $ 3.900 $ 1,800 June als Required: 1-a. Prepare a scattergraph using the data given above. Plot cost on the vertical axis...
what is variable expense??
fixed shipping expense is correct
*note* variable expense is not $25 or $250
pter 6 Graded Homework i Required information [The following information applies to the questions displayed below.] commercial Archer Company is a wholesaler of custom-built air-conditioning units for monthly data relating to units shipped and total shipping expense: buildings. It gathered the following Units Shipped Month January February March April May June July Total Shipping Expense $ 1,800 $ 2.300 $1,700 $ 2, eee...
4. (4 points) Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense MontUnis ShippedTotal Shipping Expense $ 1,80 Januar Februa March ril 30 60 40 50 70 80 20 30 1,700 2,000 2,300 2,70 1.20 June Required: Using the high-low method, calculate the equation of a cost line for the shipping expense for this company (Y-a bx)
Archer Company is a wholesaler of custom-built air-conditioning units for commercial buildings. It gathered the following monthly data relating to units shipped and total shipping expense: Month Units Shipped Total Shipping Expense January 2 $ 2,200 February 5 $ 2,700 March 3 $ 2,100 April 4 $ 2,400 May 6 $ 2,700 June 7 $ 3,700 July 1 $ 1,600 Using the high-low method, estimate the cost formula for shipping expense. Variable shipping expense: (per unit) Fixed shipping expense: (per...
2. 3. LULU with the fleet of trucks. Express the variable and fixed costs in the form Y = a +bX. If a truck were driven 80,000 kilometers during a year, what total oper expect to be incurred? a year, what total operating cost would you EXERCISE 5A-4 High-Low Method; Scattergraph Analysis L05-10 Archer Company is a wholesaler of custom-built air-conditioning unit It gathered the following monthly data relating to units shipped and total shipping m-built air-conditioning units for commercial...