5-1. Data concerning the electrical costs at Doughboy Company follow: Electrical Machine hours cost $1,770 1,650...
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5-1. Data concerning the electrical costs at Doughboy Company follow: Electrical Machine hours cost $1,770 1,650 1,560 1,935 6,800 hrs. 6,000 hrs. 5,400 hrs. 7,900 hrs. a. Using the high-low method of cost analysis, what is the variable rate per machine hour? Week 1. Week 2 Week 3. Week 4. High activity level Low activity level. Change Change in cost Change in activity Cost b. Using the high-low method of cost analysis, what is the total fixed cost? Total cost at the high activity level. Less variable cost element: Fixed cost element c. Express the cost formula for electrical costs in the form Y = a +bX: Machine Hours per machine hour 5-1. Data concerning the electrical costs at Doughboy Company follow: Electrical Machine hours cost $1,770 1,650 1,560 1,935 6,800 hrs. 6,000 hrs. 5,400 hrs. 7,900 hrs. a. Using the high-low method of cost analysis, what is the variable rate per machine hour? Week 1. Week 2 Week 3. Week 4. High activity level Low activity level. Change Change in cost Change in activity Cost b. Using the high-low method of cost analysis, what is the total fixed cost? Total cost at the high activity level. Less variable cost element: Fixed cost element c. Express the cost formula for electrical costs in the form Y = a +bX: Machine Hours per machine hour
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Answer Estimate Variable rate per machine hour b 015 Estimate Fixed cost each week a 750 Linear ... View the full answer
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078110917
9th edition
Authors: Ronald W. Hilton
Posted Date:
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