FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 76000 $182000 February 66000 160000 March 68000 168000 April 90000

In applying the high-low method, what is the fixed cost?

Month Miles Total Cost
January 76000 $182000
February 66000 160000
March 68000 168000
April 90000 200000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Students also viewed these Accounting questions

Question

The objective of a study by Baker et al. (A-57) was to determine whether medical deformation alters in vitro effects of plasma from patients with preeclampsia on endothelial cell function to produce...

Answered: 1 week ago

Question

★★★★★
WHAT IF THE FACTS WERE DIFFERENT? Suppose that Fisher had not ultimately obtained the properties (through Antonio and the assignment) and had shown no further interest in the properties after he had...

Answered: 1 week ago

Question

★★★★★
Use the following information to answer the remaining questions on this homework assignment. You have been tasked with analyzing the acquisition of a residential apartment complex. The purchase price...

Answered: 1 week ago

Question

★★★★★
The blade of a screwdriver is a good electrical conductor. The screwdriver handle is an insulator: Why? In order for a material to be a good conductor, what must be true about the atoms or particles?

Answered: 1 week ago

Question

★★★★★
At this stage of the PLC , the brand manager is likely to cut back on advertising a bit and increase sales promotions, though ultimately would, most likely, lower prices: introduction early growth...

Answered: 1 week ago

Question

★★★★★
Over the next seven years a well - to - do relative has promised to give you $ 2 , 2 5 0 every month. The first payment is received one - month from today. Assume the relevant interest rate is equal...

Answered: 1 week ago

Question

★★★★★
According to the announcement, from the Covid hearing in the European parliament, Pfizer stated that the vaccine had never been tested on stopping the transmission of the virus, this removes the...

Answered: 1 week ago

Question

★★★★★
Create a circuit that has 7 input bits IN0 to IN6, that drive one seven segment display in the order indicated below. Find out to which values the 7 input bits need to be set to get the decimal...

Answered: 1 week ago

Question

★★★★★
You know the following concerning a common stock: EPS$3.00 Payout ratio25% P/E10 Annual ROR6% of earnings and div 1) If you want to earn 10% percent, should you buy this stock? 2) What is the maximum...

Answered: 1 week ago

Previous Question Next Question