Phillips Company manufactures air-conditioning units for commercial buldings and has noticed considerable variation in shipping expenses...
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Phillips Company manufactures air-conditioning units for commercial buldings and has noticed considerable variation in shipping expenses from month to month as per the data below: Total Shipping Expense $ 1,640 $ 2,540 $ 1,900 $1,206 $ 1,77e $ 2,16e $ 2,976 Units Month Shipped January 4 February 4 March 5 April May 3. June July Required: 1. Which two months should be used if Phillips wants to estimate the behaviour of shipping expenses using the high-low method? Month Shipping Expanse High activity level Low activity level 2.976 1,206 2. Using the high-low method, what is the variable cost per unit to ship air conditioners? 3. What is the fixed cost of shipping air conditioners? Fixed cost Phillips Company manufactures air-conditioning units for commercial buldings and has noticed considerable variation in shipping expenses from month to month as per the data below: Total Shipping Expense $ 1,640 $ 2,540 $ 1,900 $1,206 $ 1,77e $ 2,16e $ 2,976 Units Month Shipped January 4 February 4 March 5 April May 3. June July Required: 1. Which two months should be used if Phillips wants to estimate the behaviour of shipping expenses using the high-low method? Month Shipping Expanse High activity level Low activity level 2.976 1,206 2. Using the high-low method, what is the variable cost per unit to ship air conditioners? 3. What is the fixed cost of shipping air conditioners? Fixed cost
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Related Book For
Managerial Accounting
ISBN: 9781259275814
11th canadian edition
Authors: Ray H Garrison, Alan Webb, Theresa Libby
Posted Date:
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