high low method machine hours

13000 machine hours are worked. 90000 110000 130000 150000 100000 120000 140000 160000 180000 200000 220000 240000 260000 280000 300000 Machine-Hours Maintenance Costs Solution.

Solved Rafferty Company Which Uses The High Low Method To Chegg Com

Page 2 Machine hours and electricity costs for IJMAC Industries for.

. To illustrate the high-low method lets assume that a company had total costs of electricity of 18000 in the month when its highest activity was 120000 machine hours. Note that our fixed cost. Quarter Work hours Cost 1 15000 4000000 2 20000 4800000.

April 9860 970 May. Meyer Company which uses the high-low method to analyze cost behavior has determined that. Dont Use Plagiarized Sources.

Barkoff Enterprises which uses the high-low method to analyze cost behavior has determined that machine hours best explain the companys utilities cost. Y Machine Utility Month Hours Cost. High - Free download as Word Doc doc docx PDF File pdf Text File txt or read online for free.

Part 1 High-Low Method 12 Points. The companys relevant range of activity varies from a low of 600 machine hours to a high of 1200 machine hours with the following data being available for. Let the new vivo Y31 re-introduce you to everything you love about a high-performance.

Assume that the cost of electricity at a small manufacturing facility is a mixed cost since the company has only one electricity meter for air quality cooling. Click Here To Order. The companys relevant range of.

The high-low method involves taking the highest. Example of High-Low Method. View high low methoddocx from BSMA 401 at STI College multiple campuses.

Use the high-low method to estimate the variable cost per machine hour and the fixed cost per month. August is not the high point because its number of. High Low Method is a mathematical technique used to determine the fixed and variable elements of historical costs that are.

Machine Hours 9000 3000 6000 Highest Lowest Difference Utility Cost 1960 880 1080 a. The high number of machine hours is in March and the low number of machine hours is in June. The high number of machine hours is in.

Using the high low method the utilities cost associated with 980 machine hours from ACC 555 at University of Michigan. Using the high-low method the estimate of the variable component of electrical cost per machine. In cost accounting a way of attempting to separate out fixed and variable costs given a limited amount of data.

Fixed cost 105450 7497 x 1000 30480. Find the high and low points. High low method 1 Machine Hours Maintenance Costs Highest observation of cost from ACC 211 at The University of Queensland.

Requirements Using the high-low method answer the following questions 1. Using either the high or low activity cost should yield approximately the same fixed cost value. Get Your Perfect Paper Today.

The formula for the calculation of variable cost and fixed cost Variable Cost And Fixed Cost A fixed cost is a constant expense that is independent of the number of units produced such as. Part 1 High-Low Method 12 Points.

High Low Method Calculate Variable Cost Per Unit And Fixed Cost

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High Low Method Example How To Calculate Variable Cost Fixed Cost Using High Low Method Youtube

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Solved Cost Estimation High Low Method Mape Ethan Manufacturing Inc Produces Floor Matsfor Automobiles The Owner Joseph Ethan Has Asked You To Assist In Estimating Maintenancecosts Together You And Joseph Determine That The