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1. (16 marks) Windsor Company incurred th Current year. Assume that the driver for all costs is machine hours. ompany incurred the following costs and
1. (16 marks) Windsor Company incurred th Current year. Assume that the driver for all costs is machine hours. ompany incurred the following costs and machine hours during the first three months of the pe of cost Electricity Depreciation Factory supplies Property taxes January $20,000 $15,000 $9.600 $12,000 Machine hours February $15,000 $15.000 $5,600 $12,000 700 March $18,000 $15,000 - $7,600 $12.000 950 1,200 Required: A. Using the high-low method, construct a cost formula for electricity cost. 15. If Windsor had total costs in April of $53.000. using the high-low method, what would be the best guess of now many machine hours they incurred during April? C. Windsor expects to incur 1,750 machine hours in May using the high-low method, what would be the estimate of their total costs? A 1. (16 marks) Windsor Company incurred th Current year. Assume that the driver for all costs is machine hours. ompany incurred the following costs and machine hours during the first three months of the pe of cost Electricity Depreciation Factory supplies Property taxes January $20,000 $15,000 $9.600 $12,000 Machine hours February $15,000 $15.000 $5,600 $12,000 700 March $18,000 $15,000 - $7,600 $12.000 950 1,200 Required: A. Using the high-low method, construct a cost formula for electricity cost. 15. If Windsor had total costs in April of $53.000. using the high-low method, what would be the best guess of now many machine hours they incurred during April? C. Windsor expects to incur 1,750 machine hours in May using the high-low method, what would be the estimate of their total costs? A
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