Wildhorse Co. gathered the following information on power costs and factory machine usage for the last...
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Wildhorse Co. gathered the following information on power costs and factory machine usage for the last six months: Month Power Cost Factory Machine Hours January $29.020 16,100 February 36,980 22,000 March 33,510 19,000 April. 26,850 15,400 May 24,520 13.800 June 21,300 10,800 Using the high-low method of analyzing costs, answer the following questions and show computationrs to support your answers What is the estimated fixed power cost each month? High Low Fixed power costs 6180 6180 Wildhorse Co. gathered the following information on power costs and factory machine usage for the last six months: Month Power Cost Factory Machine Hours January $29.020 16,100 February 36,980 22,000 March 33,510 19,000 April. 26,850 15,400 May 24,520 13.800 June 21,300 10,800 Using the high-low method of analyzing costs, answer the following questions and show computationrs to support your answers What is the estimated fixed power cost each month? High Low Fixed power costs 6180 6180
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b High Low Fixed power cost 6180 6180 Explanation Variable cost p... View the full answer
Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
Posted Date:
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