high low method machine hours
High Low Method of Machine Hours 8000 10000 11000 9000 14000 12000 Total Maintenance Costs 600000 640000 800000 700000 900000 870000 Required. Find the fixed cost 3.
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. State the cost function 4. Skip to main content. High Low Method of Machine.
Solve Y if x 13000 machine hours. Using the high-low method the estimate of the variable component of electrical cost per machine. Solve Y if x 13000 machine hours.
In cost accounting a way of attempting to separate out fixed and variable costs given a limited amount of data. Management believes that electrical cost is a mixed cost that depends on machine-hours. View high low methoddocx from BSMA 401 at STI College multiple campuses.
Machine Hours 9000 3000 6000 Highest Lowest Difference Utility Cost 1960 880 1080 a. Use High and low method to estimate Variable cost per unit 2. Find the high and low points.
The high number of machine hours is in March and the low number of machine hours is in June. High Low Method of Machine. Let the new vivo Y31 re-introduce you to everything you love about.
90000 110000 130000 150000 100000 120000 140000 160000 180000 200000 220000 240000 260000 280000 300000 Machine-Hours Maintenance Costs Solution. The high-low method involves taking the. August is not the high point because its number of.
Find the fixed cost 3. Solution for Using the high-low method how much is the electricity costs if the actual machine hours used is 2800. Start your trial now.
Hotlanta Inc which uses the high-low method to analyze cost behavior has determined that machine hours best explain the companys utilities cost. Up to 3 cash back High - Free download as Word Doc doc docx PDF File pdf Text File txt or read online for free. State the cost function 4.
Use High and low method to estimate Variable cost per unit 2.
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