Discuss which uses the high-low method of estimating costs

Assignment Help Accounting Basics
Reference no: EM131773795

TB MC Qu. 5-61 Carson, which uses the high-low method of

Carson, which uses the high-low method of estimating costs, reported total costs of $24 per unit when production was at its lowest level, at 10,000 units. When production doubled to its highest level, the total cost per unit dropped to $15. Carson would estimate its total fixed cost as:

$9 $33 $180,000 $585,000

Reference no: EM131773795

Questions Cloud

What is a stress audit - explain how to reduce stressors : Identify the key individual outcomes in the studies of organizational behavior and describe the factors that affect these key outcomes.
Strategic management plans with the issues : What specific recommendations would you make to the senior management team in the development of their strategic management plans with the issues facing?
Calculate the total cost of rail-truck and piggyback : WL Electronics sells odometers to two major auto manufacturers in Alabama. calculate the total cost of Rail, truck, and piggyback
What kind of factors can affect fluorescence of a compound : What kind of factors can affect the fluorescence of a compound? What are two advantages and two disadvantages to using a fluorescent based assay
Discuss which uses the high-low method of estimating costs : When production doubled to its highest level, the total cost per unit dropped to $15. Carson would estimate its total fixed cost as
Explain the doctrine of respondeat superior : Explain the doctrine of respondeat superior and how it relates to "detour and frolic."
Discuss what is the maximum deduction for taxes : What is the maximum deduction for taxes on their 2016 return
What was the event that led Shel Skinner to adopt Agile : What was the event that led Shel Skinner to adopt Agile?
Computing the number of units demanded : Consumer expenditure The consumer expenditure for a commodity is the product of its market price, p, and the number of units demanded.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd