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
Direct Labour Efficiency Variances It is the difference between the standard hours allowed for the actual production achieved and the hours actually worked, all valued at THE

meaning and definition of operating costing

Peter Coffin and Paul Bearer own The Grave Undertaking, Inc. and their firm uses a predetermined overhead rate to apply overhead to the production of custom-built coffins.  They us

A firm operates two plants with the marginal cost curves given by MC 1 = 50 + 2Q 1 , MC 2 = 90 + Q 2 . If the firm's total output must be 80 units, how much will it produce a

Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her supplier in Mexico. Advance sales are so small that Weiss has no way to estimate

Place a prepared slide of Paratuecium under the microscope and focus it under low power (5x x 5x) and observe the following: i) It has a cigar-shaped or slipper-shaped body

i have a factory and 87 employees . we have a closure plan in 12 months. what would be the charges?

A bank in a medium-sized midwestern city, Firm X, currently charges $1 per transaction at its ATMs.  To determine whether to raise price, the bank managers experimented with a n

COST CONCEPTS / CLASSIFICATION OF COSTS 1. According to functions Administration cost / office cost Selling cost Production cost / factory cost / manufacturing c

What are the benefitss and drawbacks of standard costing?