Question: Straight Problems Using the high-low method, * determine maintenance cost in the month of December if the actual hours is 340 Justine Bibe Inc, had

 Straight Problems Using the high-low method, * determine maintenance cost inthe month of December if the actual hours is 340 Justine BibeInc, had the following data regarding maintenance hours and costs for thepast 11 months and the results are as follows: Month Cost HoursJanuary P 4,200 480 February 3,000 320 March 3,600 400 April 2,820

Straight Problems Using the high-low method, * determine maintenance cost in the month of December if the actual hours is 340 Justine Bibe Inc, had the following data regarding maintenance hours and costs for the past 11 months and the results are as follows: Month Cost Hours January P 4,200 480 February 3,000 320 March 3,600 400 April 2,820 300 May 4,350 500 June 2,960 310 July 3,030 320 August 4,470 520 September 4,260 490 October 4,050 470 November 3,300 350 1 Add fileUsing the high-low method, compute * the variable cost per unit Justine Ribe Inc, had the following data regarding maintenance hours and costs for the past 11 months and the results are as follows: Month Cost Hours January P 4,200 480 February 3,000 320 March 3,600 400 April 2,820 300 May 4,350 500 June 2,960 310 July 3,030 320 August 4,470 520 September 4,260 490 October 4,050 470 November 3,300 350 1 Add fileCompute for the prime cost * The financial statements of Mother Goose Company included the items: Marketing cost P 20,000 Direct labor cost 5.000 Administrative cost 2,000 Direct material used 4.000 Fixed factory overhead 32,000 Variable factory overhead 46,000 1 Add fileCompute for the conversion cost * The financial statements of Mother Goose Company included the items: Marketing cost P 20,000 Direct labor cost 5.000 Administrative cost 2,000 Direct material used 4.000 Fixed factory overhead 32,000 Variable factory overhead 46,000 1 Add fileUsing the high-low method, compute * the amount of fixed cost. Justine Bibe Inc, had the following data regarding maintenance hours and costs for the past 11 months and the results are as follows: Month Cost Hours January P 4,200 480 February 3,000 320 March 3,600 400 April 2,820 300 May 4,350 500 June 2,960 310 July 3,030 320 August 4,470 520 September 4,260 490 October 4,050 470 November 3,300 350 1 Add file

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!