e edugen wleyplus.com PLUS 2 Helo 1 Svntem ERSIONBACK memarkE Exercise 19-3 (Par

Question

e edugen wleyplus.com PLUS 2 Helo 1 Svntem ERSIONBACK memarkE Exercise 19-3 (Part Level Submisslion) The controler of Norton Industries has collected the follewing monthly expense data for use in analyzing the cost behavior of maintenance costs $2,860 3,160 3,760 4,660 3,360 5,620 A CPact 350 500 690 500 700 by Study (SI) Determine the varatte cost components us ng the high-ow method, (mound raibe cost to S intinopeces····s Vanable cost per machine hour Attempts: 0 of , used smt ronum. (a2) The parts of this question must be completed in onder. This part wia be available when you complete the part above

Explanation / Answer

1) Calculation of Variable cost components using High low method :

Variable cost per machine hour = ($5,620 - $2,860) / (700 - 300)

= $2,760 / 400

= $6.9 / Machine hour

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.