Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
adotey adotey
wrote...
Go to Answer
Posts: 146
Rep: 0 0
A year ago

The following data pertains to activity and utility cost for two recent periods:

Activity level (units)15,00012,000
Utility cost$ 24,750$ 21,000

Utility cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for utility cost is: (Round your intermediate calculations to 2 decimal places.)



▸ Y = $1.65 X

▸ Y = $1.75 X

▸ Y = $3,750 + $1.75 X

▸ Y = $6,000 + $1.25 X
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 40 times
1 Reply
Replies
Answer verified by a subject expert
mossaddsmossadds
wrote...
#1
Posts: 130
Rep: 1 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

adotey Author
wrote...

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

Yesterday
This helped my grade so much Perfect
Danivalda
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1378 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 271
  
 320
  
 235
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Does a gender wage gap exist in America?