Using the high-low method to estimate the variable

Assignment Help Financial Accounting

Reference no: EM131202514

Maintenance costs at a Straiton Corporation factory are listed below: Machine Hours Maintenance Cost March 3,627 $54,384 April 3,588 $53,980 May 3,637 $54,453 June 3,638 $54,491 July 3,572 $53,843 August 3,611 $54,196 September 3,644 $54,550 October 3,609 $54,181 November 3,669 $54,767 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Using the high-low method to estimate the variable and fixed components of this cost, these estimates would be closest to: $0.10 per machine-hour; $54,382 per month $15.00 per machine-hour; $54,316 per month $9.12 per machine-hour; $21,309 per month $9.53 per machine-hour; $19,801 per month

Reference no: EM131202514

Questions Cloud

Purpose for phd admission in communication studies : Write a Statement of Purpose for PHD admission in communication studies. - Write the statement in professional way, and use specific words.

Compute equivalent units-weighted-average method : Compute Equivalent Units: Weighted-Average Method (LO 8-1, 3) Clean Corporation manufactures liquid window cleaner. The following information concerns its work in process: • Beginning inventory, 39,900 partially complete gallons. • Transferred out, 2..

What was his average swimming speed during the second half : What was his average swimming speed during the second half of the race if he tied the record, which was at an average speed of 2.05 m/s

How long it takes after the brakes are applied : Find out how long it takes after the brakes are applied for the trains to collide.

Using the high-low method to estimate the variable : Maintenance costs at a Straiton Corporation factory are listed below: Machine Hours Maintenance Cost March 3,627 $54,384 April 3,588 $53,980 May 3,637 $54,453 June 3,638 $54,491 July 3,572 $53,843 August 3,611 $54,196 September 3,644 $54,550 October ..

Draw qualitative plots of the position : Consider a marble falling through a very thick fluid, such as molasses. Draw qualitative plots of the position, velocity, and acceleration as functions of time for the marble, starting from the moment it is released in the molasses.

Cost data pertain to the operations : The following cost data pertain to the operations of Bouffard Department Stores, Inc., for the month of May. Corporate legal office salaries $ 68,000 Shoe Dept. cost of sales--Brentwood 29,000 Corporate headquarters building lease 86,000 Store manage..

Write memo about journal or periodical in health care field : Write a memo about a journal or periodical in the health care field.- tell me about your findings about professional writing in the health care field.

Classified as prevention cost on cost of quality report : Which of the following cost items should be classified as a prevention cost on a cost of quality report? What is the amount of overallocated or underallocated overhead for the year?

User Account

All Pages