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Home Q & A Board Other Fields Homework Help Business Accounting
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adotey adotey
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A year ago
Utility costs at one of Hannemann Corporation's factories are listed below:
Machine-HoursUtility Cost
March5,021$ 52,824
April5,076$ 53,287
May5,074$ 53,263
June5,040$ 52,991
July5,087$ 53,371
August5,073$ 53,251
September5,075$ 53,252
October5,034$ 52,916
November5,062$ 53,137


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

Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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MspracticalMspractical
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A year ago
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adotey Author
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A year ago
this is exactly what I needed
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Correct Slight Smile TY
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You make an excellent tutor!
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