Recent Posts • Latest Topics • Unanswered Questions

The Photography Shoppe uses the high-low method and reported the following information to estimate ...

Onxy

wrote...

Go to Answer

Posts: 1578

Rep:

7 years ago

The Photography Shoppe uses the high-low method and reported the following information to estimate ...

The Photography Shoppe uses the high-low method and reported the following information to estimate the cost function. The managerial accountant provided the following information in 2012:

   Machine Hours   Labor Costs
Highest observation of cost driver      380   $18,000
Lowest observation of cost driver      220   $11,600

Required:
Compute the slope coefficient per machine-hour.
A) $10
B) $20
C) $30
D) $40
E) $50

Textbook

Managerial Accounting: Decision Making and Motivating Performance

Edition: 1^st

Authors: Datar, Rajan

Read 280 times

3 Replies

Report

Replies

Answer verified by a subject expert

lordington

wrote...

Related Topics

Onxy Author

wrote...

7 years ago

Exactly what I neede

Report

CassandraRose32

wrote...

4 years ago

thank you

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

642 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

AJAX Chat © blueimp.net Integrated with SMF

Related Images

840

968

312

Your Opinion

Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.