Determine the estimated operating cost - high low method, Cost Accounting

10) Mike Taylor, the owner of Tennessee River Boat Rentals, is estimating the cost of operating his boat rental company next year. He expects to have 450 rentals during 200Z. The following information is available:

                                                                         200X                      200Y

Number of boat rentals                            286                     396

Operating cost                                       $7,645                 $8,745

Required: Using the high-low method, determine the estimated operating cost for 200Z.

Posted Date: 3/20/2013 5:06:22 AM | Location : United States







Related Discussions:- Determine the estimated operating cost - high low method, Assignment Help, Ask Question on Determine the estimated operating cost - high low method, Get Answer, Expert's Help, Determine the estimated operating cost - high low method Discussions

Write discussion on Determine the estimated operating cost - high low method
Your posts are moderated
Related Questions
Define the concept of opportunity cost in your own words. Given an example from your own life of the opportunity cost of a decision (do NOT use classroom examples). Explain why o

what are the examples of factory overhead

One item a computer store sells is supplied by a vendor who handles only that item. Demand for that item recently changed, and the store manager must determine when to replenish it

The total demand (marginal benefit) curve for visiting Yosemite is as follows: Price = 5000-10*NumberOfTrips -10*TonsOfVisibleTrash.     a. Suppose the quantity of trash=100 ton

Hello, I am writing a report about a contemporary management accounting issue, and i can''t really seem to understand the guidelines well. What kind of topic can i use to write a

Timbatown Pty Ltd is a manufacturer of timber tables and chairs. The company mostly sells on a retail basis to household consumers, but occasionally receives large orders for table

Consider the following two mutually exclusive projects:   Whichever project you choose, if any, you require a 15 percent return on your investment.   a. If you apply the payb

Decision Making Nature of Decision-making Decision-making may fall into any type of the following categories as: 1. Short run operational decisions 2. Short run t

Encik Farid, a sole trader, started his business on 1 May 2010 under the name Farid Enterprise. The following are his business transactions for the month of May a. Encik Farid b

Prepare answers to each of the following questions.  Assume a tax rate of 30%. (i) Harry Ltd has a balance of prepaid rent in the balance sheet amounting to $100 000 as at 30 Ju