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Onxy Onxy
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7 years ago
The managerial accountant at Hampson Company reported the following information:

   
Cost Driver: Machine-Hours (X)   Indirect Manufacturing Labor
(Y)
Highest observation cost driver   120   $1,750
Lowest observation cost driver   55   845
Difference   ?   ?

Required:
Use the high-low method to compute the difference of the Cost Driver: Machine Hours, the Difference of the Indirect Manufacturing Labor, and the slope coefficient b for each machine hour.
A) 55; $855; $13.68
B) 65; $905; $13.92
C) 75; $910; $14.85
D) 85; $925; $15.65
E) 95; $950; $16.22
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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noitulovenoitulove
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7 years ago
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4 years ago
THank you
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