Question: Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the first six months of the year:

Month Utilities Machine Hours January $ 9,000 830 February 8,660 750 March 9,250 840 April 9,660 950 May 9,994 980 June 9,450 930

The fixed utilities cost per month for Barkoff is:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company??s utilities cost. The company??s relevant range of activity 1...

Samuels, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies...

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity...

Barkott Enterprises, which uses the high-low method to analyze cost behavior has cetermined that machine hours best explain the company's utilities cost. The company's relevert range of activity...

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity...

12) 11) Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company relevant range of...

Berry Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity...

Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity...

Use the following information to answer Questions 5-7. stion Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's...

The horizontal pipe shown in Fig. 14.45 has a cross-sectional area of 40.0 cm3 at the wider portions and 10.0 cm2 at the constriction. Water is Hawing in the pipe, and the discharge from the pipe is...

1. There is a commercial shrimp farm in Okemos, Michigan (seriously!)... indoors. Control of the water chemistry, including dissolved oxygen is obviously critical to their success. At a particular...

( DO NOT USE AI AND ADD ACADEMIC REFERENCES ) To Sell or Not to Sell The Japanese girl, Miho, in the earlier bagel case, estimates that she would need to invest about $ 5 0 , 0 0 0 to purchase the...

Edinaman Company (Edinaman) currently processes seafood with a unit purchased several years ago. The unit which originally cost $500,000, currently has a book value of $250,000. Edinaman is...

Minime Ltd (Minime) is a manufacturing company operating in Melbourne. It manufactures specific body parts for major vehicles to the specification of vehicle manufacturers. The management of this...

Grady Industries manufactures freezers. Here is some information about its "LX17" line of freezers over the past year: E (Click the icon to view the information.) Read the requirements. Requirement...

Many mortgage company allow you to "buy down" your interest rate of your loan by buying points. A point is equal to 1% of your mortgage amount. You're essentially paying some interest up front in...

Functions are very beneficial to our daily lives and, although we may never stop to think about its purpose, the ideology of a function is everywhere. In the following chart below, determine if the...

Discuss and compare the major strategic decisions that executives make about online and mobile initiatives and decisions that involve operations

2. In this chapter, the reader should reflect on the following concepts: Patterns, symmetrical relationships, complementary relationships.

1. To provide insight into how setting an overly narrow boundary can give a mes-sage a specific meaning, while setting a wider boundary can give a completely different meaning.

12. What is meant by the statement, often we do not know what the real problem is until we look at its possible consequences or solutions?.