Bellisimo Industries ' material handling costs and tons of material over a six month period follow Tons of Material Material Handling Cost January 2,000 $1,600 February 2,400 2,100 March 3,000 2,400 April 2,300 1,900 May 2,800 2,500 June 2,100 1,800 Using the high low method, what is the estimated ...

Highest cost 2500 Highest quanti ...

Bellisimo Industries' material handling costs and tons of material over a six-month period follow. Tons of Material

Fantastic news! We've Found the answer you've been seeking!

Question:

Bellisimo Industries' material handling costs and tons of material over a six-month period follow.

	Tons of Material	Material Handling Cost
January	2,000	$1,600
February	2,400	2,100
March	3,000	2,400
April	2,300	1,900
May	2,800	2,500
June	2,100	1,800

Using the high-low method, what is the estimated material handling cost per ton of material?

a. $0.90

b. $1.25

c. $1.00

d. $0.80

Related Book For answer-question

Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

See More Books

Posted Date: Jan 08, 2021 05:44 AM

See More Questions

Using the high low method 1 Estimate the variable cost per wedding 2 Compute the total fixed cost per month 3 Write out the equation for the cost structure of Something New explain each variable 4...
Sec uses 60,000 tons of salt over a 50-week working year. It costs 100 to order salt and delivery follows two weeks later. Storage costs for the salt are expected to be 0.10 per ton per year. The...
Georgia bleadown company uses the high low method to analyze production costs. The following information related to the production data for the first six months of the year. What is the estimated...
Assume C is a circle centered at the origin, oriented counterclockwise, that encloses disk R in the plane. Complete the following steps for the vector field F = (9y, - 2x). a. Calculate the...
When multiple independent variables are used to predict a dependent variable in multiple regression, multicollinearity among the independent variables is often a concern. What is the main problem...
Rework Prob. 3.8 using mesh analysis. Chapter 3, Problem 8 Using nodal analysis, find v0 in the circuit in Fig. 3.57? Figure 3.57 3 5 3V 4t 1
The following control procedures over purchases and cash disbursements transactions are prescribed by the Merlin Company: 1. Approved purchase order for each purchase. 2. Prenumbered receiving report...
Tax Prep Advisers, Inc., has forecasted the following staffing requirements for tax preparation associates over the next 12 months. Management would like three alternative staffing plans to be...
Determine the field gradient of a 50 cm long Stern-Gerlach magnet that would produce a 1 mm separation at the end of the magnet between the two components of a beam of silver atoms emitted with...
Martin Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Martin Manufacturing's operations: Current Assets as of December 31...
Assume you are supervisor of a sizeable group of employees, both male and female, who work in an office setting. You are to draft a policy governing the use of e-mail in the department, keeping in...
For the following game tree, perform A. Minimax Evaluation B. Minimax Evaluation with alpha-beta pruning. Do indicate all alpha values and all beta values. Specify alpha cutoffs and beta cutoffs, if...
1. 2. Design PDAs for the following languages over the alphabet {0, 1}: i. L = {w11wR| w is in (0+1)*} ii. The language of all strings of 0's and 1's with an equal number of 0's and 1's. Write down...
3. Using arithmetic shifting, perform the following operations assuming numbers are represented in two's complement representations. Indicate for each operation whether there is overflow or not with...
The two purely black and white images shown above are each 80 x 80 pixels. Each image contains an equal number of black and white pixels, which are represented using 8-bit grayscale intensity levels....
Consider an MXN pixel gray-scale image f(x, y) with the image intensity given below: y =yo, 0 xM-1 f(x, y)= otherwise where c is a constant between 0 and 255 and yo is a constant between 0 and N -1....
Question 1. (Brown&Churchill Ex.59.1) (modified) Suppose that f(2) is entire and that the harmonic function v(x, y) = Im(f()) has an upper bound vo; that is, v(x, y) to for all points (x, y) in the...
Read the following description and Write a response of it. The discretion of public administrators can be decreased, but not altogether eliminated. Officials will use their discretion in any given...
Name three types of transfer prices and explain when each type of transfer price would be used.
Under what circumstances might a company have a high p/e ratio even when investors are not optimistic about the company's future prospects?
Transactions are first journalized and then posted to ledger accounts. In this exercise, however, your understanding of the relationship between the journal and the ledger is tested by asking you to...
In February 2014, Maria bought a diamond necklace for 13,500. In 2017 the necklace was stolen and, as a result, an insurance payment of 14,000 was received in February 2018. In the same month, Maria...
Jerome made the following gifts to family members during tax year 2023-24: (1) On 28 May 2023, Jerome made a gift of a house valued at 187,000 to his wife. His uncle had originally purchased the...
Yvonne had the following transactions in the shares of Scotia plc: Sally's capital gains tax position in 2023-24 was as follows: You are required to: (a) Calculate Yvonne's chargeable gain. (b)...

Bellisimo Industries' material handling costs and tons of material over a six-month period follow. Tons of Material

Question:

Expert Answer:

Highest cost 2500 Highest quanti... View the full answer

Financial and Managerial Accounting the basis for business decisions

Students also viewed these accounting questions