Miller Landscaping is attempting to project costs for future quarters. Miller has compiled data and decided to
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Miller Landscaping is attempting to project costs for future quarters. Miller has compiled data and decided to use the high-low costing method. The low value is $250,000 for 5,000 hours and the high value is $400,000 for 8,000 hours. What is the variable cost per hour?
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Question Details A Hours 8000 cost 400000 B Hours 5000 cost 250000 Answer To find varia...View the full answer
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BHUMIN SUTHAR
I am Chartered Accountant working with a Manufacturing company to handle it's Finance, Taxation & Decision making part as Manager: Finance. So I have practical knowledge of those subject. Further, I have been teaching these subjects since 2 years. Students say that I am teaching them in a different way so they grasp easily, I believe that I have benefit of practical knowledge working in corporate so I can teach them in a good way from basic to high level.
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Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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