TrAmp Inc. recorded the following data for last six months activities: Month . Transportation costs ($). No.
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Question:
TrAmp Inc. recorded the following data for last six months’ activities:
Month …. Transportation costs ($)…………. No. of deliveries made
Jan …………………… 8600……...……………………………... 797
Feb …………………… 8430……...……………………………... 770
Mar …………………… 8210……...……………………………... 721
Apr …………………… 8690……...……………………………... 760
May …………………… 8760……...……………………………... 810
Jun …………………….. 8530……...……………………………... 779
Using the high-low method, the company’s
(a) variable transportation cost per delivery (2 decimal places) is $
(b) fixed transportation cost per month is $
(c) If the company makes 838 deliveries in July, the expected transportation cost will be $.
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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