Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
vikingblood vikingblood
wrote...
Go to Answer
Posts: 130
Rep: 0 0
A year ago

Inspection costs at one of Ratulowski Corporation's factories are listed below:

Units ProducedInspection Costs
April777$ 10,176
May807$ 10,404
June798$ 10,355
July835$ 10,665
August822$ 10,542
September795$ 10,313
October805$ 10,409
November853$ 10,795
December796$ 10,310

Management believes that inspection cost is a mixed cost that depends on units produced.

Using the high-low method, the estimate of the variable component of inspection cost per unit produced is closest to:



▸ $8.14

▸ $7.05

▸ $0.12

▸ $12.89
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 34 times
1 Reply
Replies
Answer verified by a subject expert
jmoline2jmoline2
wrote...
#1
Posts: 137
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

vikingblood Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
elizabetheldrid
wrote...

Yesterday
Good timing, thanks!
einstein
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  969 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 217
  
 275
  
 91
Your Opinion
Do you believe in global warming?
Votes: 419
Previous poll results: Where do you get your textbooks?