What is the variable rate for airplane depreciation

Assignment Help Accounting Basics
Reference no: EM131673538

Question: High-Low Method, Cost Formulas Refer to the information for Fly High Airlines above.

Required: Use the high-low method to answer the following questions.

1. What is the variable rate for airplane depreciation? The fixed cost?

2. What is the cost formula for airplane depreciation?

3. What is the variable rate for fuel? The fixed cost?

4. What is the cost formula for fuel?

5. What is the variable rate for airplane maintenance? The fixed cost?

6. What is the cost formula for airplane maintenance?

7. Using the three cost formulas that you developed, predict the cost of each resource in a month with 36,000 airplane flight hours.

Reference no: EM131673538

Questions Cloud

What areas there may be conflict between law and ethics : what areas there may be conflict between law and ethics.
Explain how response bias influences the outcomes of a study : Explain why measures of dispersion and measures of central tendencies are important when doing data analysis and interpretation in an experimental study.
Explain the difference between a one- and a two-tail test : Explain the difference between a one- and a two-tail test. When is each used - Did we show beyond a reasonable doubt that Dusty was not telling the truth
Describe how the talent pipeline offers the best candidates : Describe how the talent pipeline offers the best candidates to organizations, and determine how to access the pipeline for your industry or profession.
What is the variable rate for airplane depreciation : High-Low Method, Cost Formulas Refer to the information for Fly High Airlines above. Use the high-low method to answer the following questions.
Determine best baking quantity to maximize profit : Analyze your results to determine the best baking quantity to maximize profit. What is the cost of lost profits under these conditions?
Do you believe one technique is better than the other : Do you believe one technique is better than the other? Why or why How would you employ this technique within your organization? What changes would you adopt?
Develop annual cost formulas for airplane depreciation : Changing the Cost Formula for a Month to the Cost Formula for a Year Refer to the information for Fly High Airlines above.
What is the method of least squares : Method of Least Squares, Developing and Using the Cost Formula The method of least squares was used to develop a cost equation to predict the cost of receiving.

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