Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Barkoff Enterprises, which uses the highlow method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant
Barkoff Enterprises, which uses the highlow method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the rst six months of the year: Month Utilities Machine Hours Januaryr $ 9,800 910 February 9,460 83E! March 13,959 9213 April 19,499 1,939 May 19,792 1,999 June 19,259 1,919 Using the highlow method, the utilities cost for Barkoff associated with 1,090 machine hours would be: Multiple Choice 0 $10,?74. $19,134. $19,594. $10,864. None of the answers is correct. OOOO
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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