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dxpayne dxpayne
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6 years ago
As part of his job as cost analyst, Max Thompson collected the following information concerning the operations of the Machining Department:

   Observation   Machine-hours   Total Operating Costs
   January   4,000   $45,000
   February   4,600   49,500
   March   3,800   45,750
   April   4,400   48,000
   May   4,500   49,800

Required:
a.   Use the high-low method to determine the estimating cost function with machine-hours as the cost driver.
b.   If June's estimated machine-hours total 4,200, what are the total estimated costs of the Machining Department?
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
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AllopaAllopa
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dxpayne Author
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6 years ago
Smart ... Thanks!
Tim0301
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Yesterday
This helped my grade so much Perfect
rudy.zondo
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2 hours ago
this is exactly what I needed
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