Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 27, 2024

Bonita Industries's high and low level of activity last year was 60000 units of product produced in May and 17000 units produced in November.

Bonita Industries's high and low level of activity last year was 60000 units of product produced in May and 17000 units produced in November. Machine maintenance costs were $152000 in May and $57400 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 45000 units. $130500 $132000 $119000 $114000

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

Recommended Textbook for

Managerial Accounting Decision Making and Motivating Performance

Authors: Srikant M. Datar, Madhav V. Rajan

1st edition

132816245, 9780132816243, 978-0137024872

More Books

Students also viewed these Accounting questions

Question

★★★★★

Consider a long cylindrical solenoid with diameter R, number of current loops N and length L through which a current I runs. Now (a) Use Ampre's law to calculate the magnetic field inside the...

Answered: 1 week ago

Question

★★★★★

Montgomery Stationerys bank statement contained a $260 NSF check that one of its customers had written to pay for supplies purchased. Required a. Show the effects of recognizing the NSF check on the...

Answered: 1 week ago

Question

★★★★★

3 Name four key control objectives for sales. (1) . (3) . (2) . (4) .

Answered: 1 week ago

Question

★★★★★

=+Use a Wilcoxon signed-rank test to see whether the ERP system seems to be effective. M22_SHAR8696_03_SE_C22.indd 831 14/07/14 7:36 AM 832 CHAPTER 22 Nonparametric Methods

Answered: 1 week ago

Question

★★★★★

Eutsler forged his brother Richards indorsement on certified checks and cashed them at First National Bank. When Richard sought to recover the funds from the bank, the bank stated that it would press...

Answered: 1 week ago

Question

★★★★★

What are the characteristics of a good potential target company for a Leveraged Buyout (LBO)? Explain why. Calculate the Internal Rate of Return (IRR) of the following LBO transaction: Transaction...

Answered: 1 week ago

Question

★★★★★

We are evaluating a project that costs$681,349, has a five-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at...

Answered: 1 week ago

Question

★★★★★

10. Do the same with the file lab1.input2. Are the values set to the values that you expected? Why or why not? Did you learn anything that you didn't know about how input is interpreted?

Answered: 1 week ago

Question

★★★★★

12. Four numbers are selected from the numbers 1-12. What is the probability that more than two are divisible by 3? 13. In how many ways could a 4-member committee of Math teachers be formed from 12...

Answered: 1 week ago

Question

★★★★★

Question 2 List and describe 10 characteristics of a truly innovative organization. (Mark allocation 1 point for each characteristic and 1 mark for describing each characteristic). [15]

Answered: 1 week ago

Question

★★★★★

Your friend wants to start a new business and has hired you to help with the five-year financial forecast requested by the bank. How would you approach this project? What type of model would you use?...

Answered: 1 week ago

Question

★★★★★

Define digital transformation. How does digital transformation differ between the public and private sectors ? A

Answered: 1 week ago

Question

★★★★★

Prepare journal entries to record the following four separate issuances of stock 1. A corporation issued 10,000 shares of $10 par value common stock for $120,000 cash 2. A corporation issued 5,000...

Answered: 1 week ago

Question

★★★★★

What is beacon marketing? What are digital wallets?

Answered: 1 week ago

Question

★★★★★

3. Equipment in general governmental service that had been constructed 10 years before by a capital projects fund was sold. The receipts were accounted for as an other financing source. Entries are...

Answered: 1 week ago

Question

★★★★★

1. If numerous funds are maintained, which of the following transactions would typically not be reported in a municipalitys general fund? a The collection of property taxes b The purchase of office...

Answered: 1 week ago

Question

★★★★★

5. Property taxes are considered: a Derived tax revenues b Imposed nonexchange revenues c Government-mandated nonexchange transactions d Voluntary nonexchange transactions

Answered: 1 week ago

Previous Question Next Question