ma accounting

The Yeppoon Company uses the high-low method to estimate its cost function. The information for 2018 is provided below: Machine-hours Costs Highest observation of cost driver 2000 $225 000 Lowest observation of cost driver 1000 $125 000 For Echuca Company, labour-hours are 50 000 and wages $188 000 at the high point of the relevant range, and labour-hours are 30 000 and wages $140 000 at the low point of the relevant range. What is the constant? $68 000 $20 000 O $167 000 O $48 000Craig's Cola is to manufacture 1000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs: -lndependent variable 200 91.74 2.18 r2 = 0.82 What is the estimated cost of producing the 1000 cases of cola? O $200100 0 $9000 0 $142 071 0 $100 200 Presented below are the production data for the first six months of the year for the mixed costs incurred by Benalla Company. Month Cost Units January $4890 4100 February 4024 3200 March 6480 5300 April 8840 7500 May 5800 4800 June 7336 6600 Benalla Company uses the 'high-low method' to analyse mixed costs. How would the cost function be stated? O y= $440 + $1.12X O y= $7850 + $0.132X O y= $3 562.30 + $0.144X O y= $107.20 + $1.224XThe Yeppoon Company uses the high-low method to estimate its cost function. The information for 2018 is provided below: - Highest observation of cost driver $225 000 - Lowest observation of cost driver $125 000 For Echuca Company, labour-hours are 50 000 and wages $188 000 at the high point of the relevant range, and labour-hours are 30 000 and wages $140 000 at the low point ofthe relevant range. What is the slope coefficient per labour-hour? 0 $3.76 0 $0.42 0 $2.40 0 $4.67 The Nowra Company has assembled the following data pertaining to certain costs that cannot be easily identied as eitheir fixed or variable. Nowra Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. The coefficient of determination is important in explaining variances in estimating equations. For a certain estimating equation, the unexplained variation was given as 51 900. The total variation was given as 115 333. What is the coefcient of determination for the equation? 0 0.66 O 0.55 O 0.57 O 0.45 The Tamworth Company uses the high-low method to estimate the cost function. The information for 2018 is provided below: Highest observation of cost driver $20 000 00 Lowest observation of cost driver $13 600 What is the constant for the estimating cost equation? 0 $4000 0 $13 500 O $16000 0 $20 000