Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

hi could i have help with this question please Emerald Ltd has accumulated the following data for the most recent 6-month period. Month Direct labour

hi could i have help with this question please

image text in transcribed
Emerald Ltd has accumulated the following data for the most recent 6-month period. Month Direct labour hours Maintenance services July 27,000 $46,000 August 20,000 29,000 September 21,000 40,000 October 8,000 17,000 November 12,000 20,000 December 9,000 20,000 Management believes that maintenance cost is a mixed cost that depends on direct labour hours. Using the high-low method to estimate the variable component of this cost, the estimate would be closest to: Select one: O A. $1.56 per direct labour hour O B. $1.53 per direct labour hour O C. $0.69 per direct labour hour O D. $0.66 per direct labour hour

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Managerial Accounting

Authors: Karen W. Braun, Wendy M. Tietz

7th Edition

0137858515, 9780137858514

Students also viewed these Accounting questions

Question

What is job enlargement ?

Answered: 1 week ago

Question

what is the most common cause of preterm birth in twin pregnancies?

Answered: 1 week ago

Question

Which diagnostic test is most commonly used to confirm PROM?

Answered: 1 week ago

Question

What is the hallmark clinical feature of a molar pregnancy?

Answered: 1 week ago