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Other Fields Homework Help Accounting Topic started by: bklm1234 on Apr 16, 2023



Title: Electrical costs at one of Rome Corporation's factories are listed below:Machine-HoursElectrical ...
Post by: bklm1234 on Apr 16, 2023

Electrical costs at one of Rome Corporation's factories are listed below:

Machine-HoursElectrical Cost
March458$ 1,007
April423$ 934
May440$ 979
June409$ 902
July426$ 952
August372$ 822
September414$ 926
October431$ 949
November468$ 1,025

Management believes that electrical cost is a mixed cost that depends on machine-hours.

Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)



▸ $822

▸ $743

▸ $38

▸ $944


Title: Re: Electrical costs at one of Rome Corporation's factories are listed below:Machine-HoursElectrical ...
Post by: shadowblacw on Apr 16, 2023
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