Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Guardians ran its freezer in January, a slow month for 720 hours for a total cost of P120,000. In August, a peak month, the

 

Guardians ran its freezer in January, a slow month for 720 hours for a total cost of P120,000. In August, a peak month, the freezer ran for 1,500 hours at a cost of P80 per hour. Required: What is the estimated total cost at an operating level of 1,000 hours?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To estimate the total cost at an operating level of 1000 hours we can use the highlow method The hig... 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

Step: 3

blur-text-image

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

Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

26th edition

128574361X, 978-1305446052, 1305446054, 978-1285743615

More Books

Students also viewed these Accounting questions