he following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 1,100 $ 6,650 February 2,000 $ 7,300 March 2,800 $ 10,100 April 800 $ 4,500 Using the high-low method, the estimated total fixed cost for utilities is:
he following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 1,100 $ 6,650 February 2,000 $ 7,300 March 2,800 $ 10,100 April 800 $ 4,500 Using the high-low method, the estimated total fixed cost for utilities is:
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...
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The following information is available for a company's utility cost for operating its machines over the last four months.
Month | Machine hours | Utility cost | ||
January | 1,100 | $ | 6,650 | |
February | 2,000 | $ | 7,300 | |
March | 2,800 | $ | 10,100 | |
April | 800 | $ | 4,500 | |
Using the high-low method, the estimated total fixed cost for utilities is:
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