Bonita Industries's high and low level of activity last year was 60000 units of product produced...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
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 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
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
The following information is available for Sharder Company for the month of June: 1. The unadjusted balance per the bank statement on June 30 was $71,230. 2. Deposits in transit on June 30 were...
-
Which of the following is one of the key institutions that creates the right incentives for economic growth? Select one: a.Property Rights b.Limited immigration c.Laws that restrict international...
-
Michael Johnson purchased a new fork-lift machine costing 10,500. He expects to keep it for four years and at the end of that time its residual value is estimated to be 2,520. You are required to...
-
The Imaginary Products Co. currently has debt with a market value of $300 million outstanding. The debt consists of 9 percent coupon bonds (semiannual coupon payments) which have a maturity of 15...
-
In this assignment, you will read and assess the financial performance of IBM, Inc. over the past couple of years. Begin by downloading the 2013 IBM annual report from the IBM website:...
-
XYZ Company buys and sells cabinets and drawers for the last 5 years at their Michigan outlet. XYZ Company the furniture from the wholesaler and then sells the furniture to the customers from their...
-
Employers must pay employees for a 3 0 minute lunch break?
-
How would you help employees build cultural intelligence in your fictional organization? Name and explain two specific actions you would take to help employees build cultural intelligence. Explain...
-
We have 8 2 people working on this particular project. How many communication channels do we have?
-
Provide a definition of leadership. give a textbook definition and then your own personal definition. List and describe the critical skills required of leaders. Using the early trait theory, list...
-
Strategic quality planning is the precursor of quality management systems. The best decision-making practices are created to facilitate the implementation of strategic quality plans for medium- and...
-
[3(a)] Mr. Anderson invested AU$200,000 in stock market in December 2019. He purchased 5,000 shares of ABC Company at AU$40 per share. Expected rate of return on ABC stock and S&P/ASX300 were 14% and...
-
What role do you think goals might play in planning for Warby Parkers future? List some goals you think might be important. (Make sure these goals have the characteristics of well-written goals.)
-
If organizing is about getting work done efficiently and effectively, what organizing challenges might lower-level managers have to address? (Hint: Think in terms of the six key elements of...
-
Evaluate yahoo!s new work initiative. Did it have to be an all or nothing proposition? Discuss.
Study smarter with the SolutionInn App