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Homework Answers
Variable cost = (Cost at highest activity - Cost at lowest activity) /(Highest activity-Lowest activity)
= (5150-2550)/(800-300)
= 6.50
Totsl fixed cost = Total cost - Variable cost
= 5150 - (700*6.50)
= 600
Add Answer to:
The controller of Swifty Industries has collected the following monthly expense data for use in analyzing the...
The controller of Swifty Industries has collected the following monthly expense data for use in analyzing...
The controller of Swifty 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
$2,550
300
February
2,880
360
March
3,480
510
April
4,380
680
May
3,080
510
June
5,150
700
(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
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
$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)
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
$
Click if you would like...
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.
Month
Total
Maintenance Costs
Total
Machine Hours
January
$2,550
300
February
2,850
350
March
3,450
500
April
4,350
690
May
3,050
500
June
5,460
700
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
Determine the fixed...
The controller of Ayayai Industries has collected the following monthly expense data for use in analyzing the...
The controller of Ayayai 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
$2,880
300
February
3,120
390
March
3,720
540
April
4,620
650
May
3,320
540
June
5,920
700
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...
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...
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 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.
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...
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 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 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. Month Total Maintenance Costs Total Machine Hours January $2,550 300 February 2,850 350 March 3,450 500 April 4,350 690 May 3,050 500 June 5,460 700 Incorrect answer iconYour answer is incorrect. 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 $ 7.3 eTextbook and...
The controller of Swifty 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
$2,550
300
February
2,880
360
March
3,480
510
April
4,380
680
May
3,080
510
June
5,150
700
(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
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)
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
$
Click if you would like...
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
$2,550
300
February
2,850
350
March
3,450
500
April
4,350
690
May
3,050
500
June
5,460
700
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
Determine the fixed...
The controller of Ayayai 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
$2,880
300
February
3,120
390
March
3,720
540
April
4,620
650
May
3,320
540
June
5,920
700
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...
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...
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 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...
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 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....
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