Question: Using the high low method, estimate total maintenance costs should activity levels reach 15,500 machine hours. Maintenance Cost Per Machine Machine Hours Hour Hi 4,500

Using the high low method, estimate total maintenance costs should activity levels reach 15,500 machine hours. Maintenance Cost Per Machine Machine Hours Hour Hi 4,500 $ 82.50 Low 2,000 $ 105.00

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!

The following is the total overhead cost at various levels of activity for McRoy Company: February March April May Direct Labour Hours Total Overhead Cost 80,000 $222,000 90,000 $246,000 70,000...

From your readings and videos, you learned about cost estimation using the high low method. A company has captured two sets of data to estimate maintenance cost. Using the information below, estimate...

Questions shown below, the second question is"HOW MIGHT THE INFORMATION YOU DERIVE IN THE LAST QUESTION" I HOPE YOU CAN HELP ME. THANK YOU SO MUCH! Bangor Town Health Club Background Bangor Town...

Bangor Town Health Club Background Bangor Town Health Club (Bangor Town) was established about ten years ago, at a time when the residents in the neighbouring areas were becoming increasingly health...

Question 5 (10 marks) Bedtime Bedding Ltd. manufactures pillows. The Cover Division makes covers, and the Assembly Division makes the finished products. The covers can be sold separately for $5.00....

May 4,500 ACTIVITY 2 COST BEHAVOR, COST FUNCTION, and HIGH LOW METHOD The following are data from Maxene Company: April Sales in units 3, 200 Cost: Costs P6, 400 Cost T P5, 600 Cost u P7, 100 Cost v...

QUESTION 2 Using the high low method variable costs per unit for machine maintenance were calculated to be 50.80 per machine hour. At the high volume point maintenance total costs were $140,000 and...

Question 1 Kendall ltd, a manufacturing firm, manufactures chains. The company has supplies information from its accounts records for the last year Month Factory overhead number of chains January...

Crosshill Company's total overhead costs at various levels of activity are presented below. chine Total Month April May 19.000 39.000 59.000 69.000 $191, 360 164.560 $236.200 July Assume that the...

The following data in Fig 1 pertain to an oil reservoir-aquifer boundary pressure relationship. Use the Fetkovitch method to calculate the cumulative water influx at each quarter. Reservoir area=1000...

sin s 8. Find the function f(x), if | f(x)cos xsdx S Q.11 Use the Fourier transform methods to solve the BVP: y(x,0) = f(x), (x,0) = 0 , y(0,t) = 0, y(x,t) 0 as x %3D 16(-1)"- Q.12 Find f(x), if...

Why is the aggregate cost method not recommended for healthcare costing?

CT Corp Comprehensive Question Canadian Tire Corporation, Limited (Canadian Tire) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

14. You have a one-day classroom experience in which you need to help a group of engineers and software programmers learn to become project managers. After training, they will have to manage some...

1. Using any source possible (magazines, journals, personal conversation with a trainer), find a description of a training program. Consider the learning process and the implications of the learning...

8. How does practice help learning? What could a trainer do in a training session to ensure that trainees engage in metacognition?