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Safari File Edit View History Bookmarks Window Help 92% Sat Apr 9 9:37:12 AM Benjamin McElwain E edugen.wileyplus.com Chegg Study G d Study p Chegg Wiley PLUS Return to Blackboard Wiley PLUS Managerial Accounting 2e, Wiley PLUS Custom Course for University of California Riverside Grace Period: 2 days left l Register Now Help I System Announcements PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Exercise 2-9 (Part Level Submission) HW2 ZO Usonic, Inc., has collected the following information on its cost of electricity: 2-9 (Part L Machine Hours Total Electricity Costs 2-16 $270 January 615 Problem 2-26 (Part $304 February 7000 Level Submission) $270 March 502 10t Ap 417 $212 Review Score May 444 $245 Review Results by Study Objective June 296 $160 $176 July 367 August 558 $230 $254 September 565 gn October 276 $150 November 432 $226 December 2000 $122 (a) Using the high-low method, compute the variable cost of electricity per machine hour. (Round unit cost to 2 decimal places, e.g. 15.25.) gnos per machine hour Variable cost By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. .072 Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question

Explanation / Answer

Varriable Cost per Hrs. = Difference in Cost at High and Low level/Difference in Hrs. at High and Low Level

=$182/500= $0.36 per Hrs.

HIGH LOW Difference Machine Hrs. 700 200 500 Electricity Cost $304.00 $122.00 $182.00

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