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Jordan Computer Services, Inc. has been in business for six months. The following are basic operating data for that period: Service hours ts Revenue wbook
Jordan Computer Services, Inc. has been in business for six months. The following are basic operating data for that period: Service hours ts Revenue wbook Ash Operating costs Required Month July Aug. 114 1381 Sept. 258 Oct. 430 Nov. 318 Dec. 328 $6,726 $8,142 $15,222 $25,370 $18,762 $19,352 $4,280 $5,250 $7,140 $11,170 $9,180 $10,500 a. What is the average service revenue per hour in each month and the overall average for the six-month period? b. Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour c. Determine the average contribution margin per hour. References Complete this question by entering your answers in the tabs below. Required A Required Required C What is the average service revenue per hour in each month and the overall average for the six-month period? Month Average service revenue per hour July Aug Sept. Oct Nov Dec Total Average Required B 14 Jordan Computer Services, Inc. has been in business for six months. The following are basic operating data for that period: Month 30 point Service hours Revenue Operating costs July Aug. Sept. Nov. 114 138 258 318 328 $6,726 $8,142 $15,222 $25,370 $18,762 $19,352 $4,200 $5,250 $7,140 $11,170 $9,180 $10,500 Oct. 430 Dec. Ask Required a. What is the average service revenue per hour in each month and the overall average for the six-month period? b. Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. c. Determine the average contribution margin per hour. Complete this question by entering your answers in the tabs below. Required A Required Required C Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. (Do not round intermediate calculations Round "Variable cost" to 2 decimal places and "Fixed cost" to nearest whole dollar) Variable cost Fuad cost per hour per month Required C > Jordan Computer Services, Inc. has been in business for six months. The following are basic operating data for that period: Month Sept. Oct.. Nov. Service hours Revenue July 114 $6,726 Aug. Dec. 138 Operating costs 318 $8,142 $15,222 $25,370 $18,762 $4,280 $5,250 $ 7,140 $11,170 $9,180 258 430 328 $19,352 $10,500. Required a. What is the average service revenue per hour in each month and the overall average for the six-month period? b. Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. c. Determine the average contribution margin per hour. Complete this question by entering your answers in the tabs below. Required A Required B Required C Determine the average contribution margin per hour. (Round your answer to 2 decimal places.) Average contribution margin per hour
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