Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Aliyah produces soccer magazines for new players. No. of Total Month Magazines Costs Jan 1,288 $12,266 Feb 1,939 $14,961 Mar 1,416 $12,485 Apr 1,323 $12,164

image text in transcribedimage text in transcribedimage text in transcribed

Aliyah produces soccer magazines for new players. No. of Total Month Magazines Costs Jan 1,288 $12,266 Feb 1,939 $14,961 Mar 1,416 $12,485 Apr 1,323 $12,164 May 1,929 $14,357 Jun 1,961 $16,426 Jul 1,289 $12,640 Aug 1,315 $12,623 Sep 1,965 $14,978 Oct 1,925 $17,244 Nov 1,255 $12,138 Dec 1,875 $17,934 Using the high-low method answer the below noted questions. The variable rate is $. per magazine. Round your answer to the nearest penny. A/ Using the rounded variable rate you entered above, the fixed cost per month is $ Round your answer to the closest DOLLAR. AJ A/ The CEO would like to understand the high-low method. From the list provided below, select the characteristic of the high-low method. Enter the LETTER into the space provided. For example, if you choose c), enter only the letter c or C Listing of choices: a) b) c) d) e) This method is objective. This method uses all of the data points. This method will not includes outliers automatically. This method is subjective. This method uses three data points. A

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Karen Wilken Braun, Wendy M. Tietz

2nd Custom Edition

1269396803, 978-1269396806

More Books

Students explore these related Accounting questions

Question

Where do you see yourself in 5/10 years?

Answered: 3 weeks ago