{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T04:48:22-04:00", "answer_date": "2024-06-28 04:48:22", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4243110", "url": "\/study-help\/questions\/company-which-uses-the-highlow-method-to-analyze-cost-behavior-4243110", "question_creation_date_js": "2024-06-28T04:48:22-04:00", "question_creation_date": "Jun 28, 2024 04:48 AM", "meta_title": "[Solved] Company, which uses the high-low method t | SolutionInn", "meta_description": "Answer of - Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the c | SolutionInn", "meta_keywords": "company,high-low,method,analyze,cost,behavior,determined,machine,hours,predict,s,total", "question_title_h1": "Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost", "question_title": "Company, which uses the high-low method to analyze cost behavior, has determined", "question_title_for_js_snippet": "Company, which uses the high low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost The company's cost and machine hour usage data for the first six months of the year follow Using the high low method, answer the following questions What is the variable utilities cost per machine hour 2 What is the fixed cost of utilities each month If Chen Company uses 1,290 machine hours in a month, what will its total costs be fData Table Month Total Cost Machine Hours January $ 3 480 1 050 February $ 3, 7 30 1 , 110 March 5 3 467 1, 010 Done print ", "question_description": "

Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow:<\/p>

<\/p>

Using the high-low method, answer the following questions:<\/p>

  1. What is the variable utilities cost per machine hour?<\/li><\/ol>

    2.What is the fixed cost of utilities each month?<\/p>

    1. If Chen <\/span>Company uses 1,290 <\/span>machine hours in a month, what will its total costs be?<\/li><\/ol>

      <\/p>

      <\/p>

      <\/p>

      <\/p>

      \"image\"image<\/div><\/div><\/div> \\fData Table Month Total Cost Machine Hours January . $ 3. 480 1. 050 February \\\\. . $ 3, 7:30 1 , 110 March! . 5 3. 467 1, 010 ^ Done print*^`", "transcribed_text": "", "related_book": { "title": "Auditing and Assurance Services", "isbn": "978-1259573286, 1259573281, 978-1260152166", "edition": "7th edition", "authors": "Timothy Louwers, Allen Blay, David Sinason, Jerry Strawser, Jay Thibodeau", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1263.jpg", "uri": "\/textbooks\/auditing-and-assurance-services-7th-edition-1263", "see_more_uri": "" }, "free_related_book": { "isbn": "B0BPGQG5CT", "uri": "\/textbooks\/naturals-herbal-antibiotics-recipe-homemade-natural-remedies-to-prevent-and-treat-common-illness-1st-edition-979-8367282054-266727", "name": "Naturals Herbal Antibiotics Recipe Homemade Natural Remedies To Prevent And Treat Common Illness", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:48:22", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/golden-years-inc-owns-and-operates-20-rental-retirement-properties", "description": "Golden Years Inc. owns and operates 20 rental retirement properties. 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