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1. Uninder Company uses the high-low method to estimate the cost function. The information for 2019...
2. Uninder Company uses the high-low method to estimate the cost function. The information for 2019 is provided below: Machine-hours Labor Costs Highest observation of cost driver 475 $22,000 Lowest observation of cost driver 250 $13,000 What is the slope coefficient? A. $30.00 B. $32.00 C. $40.00 D. $43.75 E. $52.00
2. Uninder Company uses the high-low method to estimate the cost function. The information for 2019 is provided below: Machine-hours Labor Costs Highest observation of cost driver 475 $22,000 Lowest observation of cost driver 250 $13,000 What is the slope coefficient? A. $30.00 B. $32.00 C. $40.00 D. $43.75 E. $52.00
Morrow Company uses the high-low method to estimate the cost function. The information for 2020 is provided below: Machine-hours Labor Costs Highest observation of cost driver 900 $36,000 Lowest observation of cost driver 100 $14,000 What is the estimated total cost when 450 machine-hours are used? A. 23,625 B.32,000 C. 18,000 D. 63,000
Question Help E6-34A (similar to) Meyer Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's totale s cost. The company's cost and machine hour usage data fort first six months of the year follow (Click the loon to view the data) Requirements Using the high-low method, answer the following questions 1. What is the variable its cost per machine hour? 2. What is the red cost of its each month?...
3. Jetboats Ltd uses the high-low method to estimate the cost function. Jetboat operates jet boat rides on Sydney Harbour. The number of hours the engines are run in each month is provided below along with the labour costs for maintaining the jet boats for 2018. 3 3 Month Machine (engine) HoursLabour costs $4,300 $2,510 $3,040 $2,780 $1,750 $1,200 $1,500 $2,470 S3.480 $3,590 $3,800 $3,950 180 110 January February March April May June 120 August September October November December 110...
Coughlin Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: (Click the icon to view the data.) i Data Table Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3....
Jungemann Company, which uses the high-low method to analyze
cost behavior, has determined that machine hours best predict the
company's total utilities cost. The company's cost and machine
hour usage data for the first six months of the year
follow:
Jungemann Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow:...
Coughlin Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utlities cost. The company's cost and machine hour usage data for the first six months of the year follow (Click the icon to view the data.) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Coughlin Company...
Question Help Tran Company, which uses the high-low method to analyze cost behaviour, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow Click the icon to view the data.) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If...
please answer requierement 1,2 and 3
Tran Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: Click the icon to view the data.) Read the requirements - X Х Data Table 1 - till Month Total Cost Machine Hours 3,400 1,090 January...... $ February ..... $ March ... $ 3,770...