Using the high-low method, what is the amount of fixed cost?

2. Using the high-low method, what is the amount of variable cost per hour?

3. using the high-low method, how much would be the total cost of maintenance for 950 hours?

 

How much is the cost of direct materials used?

2. How much is the total manufacturing overhead?

3. How much is the cost of goods manufactured?

4. How much is the cost of goods sold?
5. How much is the total operating expense?

6.  If sales totaled P600,000, how much is the net income?

 

The cost of maintenance for animated exhibits at Ocean Park is partly variable and partly fixed. Supplies and other materials tend to vary with hours of operation while the salaries of the maintenance workers are fixed. Cost data are given as follows: Hrs. of Operations 500 700 450 800 600 900 Total Cost P 9,000 11,200 8,250 12,000 8,100 12,615