The Surgical Care Unit of Ultra Care Health Group uses the high-low method to predict its total

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The Surgical Care Unit of Ultra Care Health Group uses the high-low method to predict its total surgical unit supplies costs. It appears that nursing hours worked is a good predictor of surgical unit supplies costs in the unit. The supervisor for the unit has gone through the records for the past year and has found that June had the fewest nursing hours worked at 1,000 hours, while September had the most nursing hours worked at 1,500 hours. In June, total surgical unit supplies cost $30,000 and in September, total surgical unit supplies cost $38,000. If the Surgical Care Unit plans to have 1,025 nursing hours worked next month, what is the expected surgical unit supplies cost for the month?
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Managerial Accounting

ISBN: 978-0132890540

3rd edition

Authors: Karen W. Braun, Wendy M. Tietz

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