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

Ask an Expert

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

Write your message here..

Related Questions

Cost estimation methods, using the high low method how do i calculate the c... using the high low method how do i calculate the costs that are expected when the output expected is out of the range given for example cost prdctn volume 110000

Cash flow statement, Keyser Beverage Company reported the following items i... Keyser Beverage Company reported the following items in the most recent year. Net income $40,630 Dividends paid 5,390 Increase in accounts receivable 12,130 Increase i

Funds from operations, Consider as Illustration. Profit and loss account of... Consider as Illustration. Profit and loss account of TIL demonstrates, that, operations have given gross addition of Rs. 360 million to funds throughout the period. These funds sho

Analysis of stockholders'' equity , Analysis of stockholders equity: S... Analysis of stockholders equity: Star Corporation issued both common and preferred stock during 19X6. The stockholders' equity sections of the company's balance sheets at the

Chrome-it, I would like to know the solution on this one. I would like to know the solution on this one.

Total sales, what is total sales what is total sales

Market-based transfer price optimal, Under what conditions is a market-base... Under what conditions is a market-based transfer price optimal?

Group bonus plan, #question techniques of payment under group bonus plan .... #question techniques of payment under group bonus plan .

Elements of non - manufacturing costs, Elements of Non - Manufacturing cost... Elements of Non - Manufacturing costs Non-Manufacturing costs are costs incurred via all activities such support the production of services and goods. They are selling costs

Example of methods of allocating service costs, Example of Methods of Alloc... Example of Methods of Allocating Service Costs Suppose the following data: User department Unit of Service Provided Costs Prior to Service Dep