Solution-Compute the variable portion of cost c

Compute the variable portion of cost c

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Reference no: EM132634595

Lee Corporation has three costs: A, which is variable; B, which is fixed; and C which is semi-variable. The company uses the high-low method and extracted the following data from its accounting records:

At 180,000 hours of activity, Cost A totaled P2,610,000 variable
At 140,000 hours, the low point during the period, Cost C totaled P1,498,000; at 200,000 hours, the high point, Cost C's fixed portion amounted to P1.75 per hour.
At 160,000 hours of activity, the sum of Costs A, B, and C amounted to P8,162,000

Required:

Question 1: Compute the variable portion (total) of Cost C at 140,000 hours of activity

Question 2: Compute Cost C (total) at 160,000 hours of activity

Question 3: Compute Cost B (total) at 160,000 hours of activity

Reference no: EM132634595

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Compute the variable portion of cost c

Reference no: EM132634595

Reference no: EM132634595

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