Hannah Company had the following cost data available. The Hannah accountant believes that direct labor hours is
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Question:
Hannah Company had the following cost data available. The Hannah accountant believes that direct labor hours is the correct cost driver to use to predict and manage these costs.
- $50,000; 15,000 direct labor hours for January
- $40,000; 12,000 direct labor hours for February
- $35,000; 10,000 direct labor hours for March
- $38,000; 11,000 direct labor hours for April
Use the high-low method to compute the total amount of monthly fixed costs for Hannah Company?
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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