Compute a cost function using the high-low method

Assignment Help Accounting Basics

Reference no: EM132802354

Abdulkrim Company manufactures a product A. The company estimates the cost function for the total costs. The cost driver is number of units. The following informations were collected:

Month                   Units    Total Costs
January 3,560 $242,400
February 3,800 $252,000
March                  4,000    $260,000
April                    3,600    $244,000
May 3,200 $228,000
June 3,040    $221,600

Problem 1: Compute a cost function using the high-low method.

Reference no: EM132802354

Questions Cloud

Create as many pivot table analyses : Create as many pivot table analyses as you deem necessary to help you understand customer attrition - report from the CRM system

What type of financing would you recommend : What type of financing would you recommend that LA Basin use to get capital to build the next power plant? Why would you choose that type of financing

Calculate the degree of operating leverage : Calculate the Degree of operating leverage. Hashim Corporation sells its product for $17 per unit. Its variable cost is $10 per unit, and total fixed costs

What amount of bad debt expense is recorded : Bad debts are expected to be 4% of net credit sales for the year. What amount of bad debt expense is recorded for 2019

Compute a cost function using the high-low method : Compute a cost function using the high-low method. Abdulkrim Company manufactures a product A. The company estimates the cost function for the total costs.

Develop a teaching plan based on an assigned scenario : Develop a teaching plan based on an assigned scenario or case. Determine what elements you would include in your assessment of the learner.

How can you use evaluation results of intervention program : Program evaluation results can be used to make informed policy decisions that will improve the effectiveness of public health programs and improve the health.

Discuss some tax planning strategies : Discuss some tax planning strategies that can maximize the benefit of itemized deductions. You should list at least one strategy

How you will apply the social work technology standards : Describes how you will apply the social work technology standards with the use of a social media or online communication tool to address an economic

User Account

All Pages