< > M Question 7 - Chapter 6 Homework - Connect Chapter 6 Homework ezto.mheducation.com C Get Homework Help With Chegg Study | Chegg.com Saved Help Save & Exit Submit Check my work 7 4.32 points Martha's Vineyard Marine Supply is a wholesaler for a large variety of boating and fishing equipment. The company's controller, Mathew Knight, has recently completed a cost study of the firm's material-handling department in which he used work measurement to quantify the department's activity. The control factor unit used in the work-measurement study was hundreds of pounds of equipment unloaded or loaded at the company's loading dock. Knight compiled the following data. Units of Activity (hundreds of pounds of equipment loaded or unloaded) Material Handling Department Costs 8 03:48:52 Month January 1,200 $12,570 February 1,000 12,410 March 900 12,030 April 2,400 14,300 eBook May June 1,600 12,940 1,800 13,700 July 2,200 14,570 August 2,000 12,960 September 800 11,100 References October 1,100 12,390 November 1,400 1,600 12,680 13,240 Mc Graw Hill December Required: 5. Estimate the material-handling department's cost behavior using the high-low method. Use an equation to express the results of this estimation method. (Round coefficient of X to 2 decimal places.) Material-handling cost per month = This is a numeric cell, so please enter numbers only. x < Prev 7 of 7 Next >