X Company uses the high-low method to predict maintenance costs each month, with machine hours as...

 

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X Company uses the high-low method to predict maintenance costs each month, with machine hours as the activity measure. The following past monthly cost and activity information is available: Cost Machine Hours Month May $5,478 1,300 M June $8,500 3,250 $11,290 5,050 July August $8,810 3,450 If maintenance hours in October are expected to be 1,500, what are total fixed maintenance costs expected to be (round unit costs to the nearest cent)? 5787.5 Submit Answer Incorrect. Tries 1/3 Previous Tries X Company uses account analysis to estimate total overhead costs for each month. In May, when production was 1,100 units, the plant manager classified each overhead cost item as fixed and variable as follows: Total Cost $25,200 Cost Behavior 100% variable Cost Item Utilities Supplies Maintenance 17,100 30% fixed 18,700 0% variable If September production is expected to be 1,300 units, what will variable costs per unit be? 5787.5 Submit Answer Incorrect. Tries 1/3 Previous Tries X Company uses the high-low method to predict maintenance costs each month, with machine hours as the activity measure. The following past monthly cost and activity information is available: Cost Machine Hours Month May $5,478 1,300 M June $8,500 3,250 $11,290 5,050 July August $8,810 3,450 If maintenance hours in October are expected to be 1,500, what are total fixed maintenance costs expected to be (round unit costs to the nearest cent)? 5787.5 Submit Answer Incorrect. Tries 1/3 Previous Tries X Company uses account analysis to estimate total overhead costs for each month. In May, when production was 1,100 units, the plant manager classified each overhead cost item as fixed and variable as follows: Total Cost $25,200 Cost Behavior 100% variable Cost Item Utilities Supplies Maintenance 17,100 30% fixed 18,700 0% variable If September production is expected to be 1,300 units, what will variable costs per unit be? 5787.5 Submit Answer Incorrect. Tries 1/3 Previous Tries

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Ans 1 High low method yabx b variable cost a fixed cost Cost at high... View the full answer