Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company producing sugar has several production machines. The following is data regarding the time to use machines and electric loads in 2019. Month Engine
A company producing sugar has several production machines. The following is data regarding the time to use machines and electric loads in 2019.
Month | Engine clock | Electrical load |
January | 500 | IDR 2500000 |
February | 180 | IDR 1900000 |
March | 420 | IDR 2200000 |
April | 420 | IDR 2200000 |
May | 500 | IDR 2500000 |
June | 500 | IDR 2500000 |
July | 180 | IDR 1900000 |
August | 360 | IDR 2000000 |
September | 360 | IDR 2000000 |
October | 180 | IDR 1900000 |
November | 420 | IDR 2200000 |
December | 500 | IDR 2500000 |
Questions
If you are a financial manager, you are asked to:
1). Estimating variable electrical load per machine hour using the high-low point method
2). Estimating the fixed electricity load per month using the high-low method
3). Make a monthly electricity cost function using the high-low method
4). Estimates how much the total electrical load will be if the number of engine hours is 1200 engine hours
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started