Question: mutiple choice (2) Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month.

mutiple choice (2) mutiple choice (2) Given the following cost and activity observations for Smithson

Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month. Do not round your intermediate calculations January February Cost $52,200 75,000 57.000 64,000 Machine Hours 20,000 29,000 March 22,000 24,500 April a $22,800 b. $1,533 C. $50,600 d. 52,530 QUESTION 29 At the beginning of the period, the Assembly Department budgeted direct labor of $110.000, direct materials of $170,000, and fixed factory overhead of $28.000 for 8 000 hours of production. The department actually completed 10,000 hours of production. The appropriate total budget for the department, assuming it uses flexible budgeting, is a $378,000 b. $288.000 c. $350.000 d. $305,000

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