During the past year, the high and low use of three different resources for Fly High...
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During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane depreciation: High Low Fuel: Airplane Flight Hours Total Cost 44,000 $ 18,100,000 28,000 $ 18,100,000 High 44,000 445,896,000 Low 28,000 283,752,000 Airplane maintenance: High 44,000 16,016,000 28,000 11,824,000 Low Required: Use the high-low method to answer the following questions. If an answer is zero, enter "0". If required, round your answers to nearest dollar. 1. What is the variable rate for airplane depreciation? $ per flight hour During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Resource Airplane depreciation: High Low Fuel: Airplane Flight Hours Total Cost 44,000 $ 18,100,000 28,000 $ 18,100,000 High 44,000 445,896,000 Low 28,000 283,752,000 Airplane maintenance: High 44,000 16,016,000 28,000 11,824,000 Low Required: Use the high-low method to answer the following questions. If an answer is zero, enter "0". If required, round your answers to nearest dollar. 1. What is the variable rate for airplane depreciation? $ per flight hour
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Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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