Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Maintenance costs at Red Dot Manufacturing over the past six months are listed in the following table. ( Click the icon to view the maintenance

Maintenance costs at Red Dot Manufacturing over the past six months are listed in the following table.(Click the icon to view the maintenance costs.)Using the high-low method, what is the total maintenance costs at Red Dot Manufacturing if 18,000 ?machine hours were used?A. ?$7,875B. ?$15,660Maintenance costsC. ?$10,175D. ?$9,950\table[[Month,Maintenance cost,Machine hours],[January,$9,500,15,800],[February,$9,860,17,300],[March,$8,600,14,500],[April,$8,840,16,100],[May,$8,600,17,100],[June,$8,100,15,500]]Remaining: 01

image

K Maintenance costs at Red Dot Manufacturing over the past six months are listed in the following table. (Click the icon to view the maintenance costs.) Using the high-low method, what is the total maintenance costs at Red Dot Manufacturing if 18,000 machine hours were used? OA. $7,875 Maintenance costs OB. $15,660 3 OC. $10,175 Month Maintenance cost Machine hours OD. $9,950 January $9,500 15,800 February $9,860 17,300 March $8,600 14,500 April $8,840 16,100 May $8,600 17,100 June $8,100 15,500 Print Done Remaining: 01

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Absolutely I can help you with this We can use the highlow method to determine the variable cost per machine hour and the fixed cost at Red Dot Manufacturing Then we can use these values to find the t... 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

Cornerstones Of Cost Management

Authors: Don R. Hansen, Maryanne M. Mowen

3rd Edition

9781305147102, 1285751787, 1305147103, 978-1285751788

More Books

Students also viewed these Accounting questions

Question

How can service quality be operationalised?

Answered: 1 week ago

Question

What infl uences expectations and perceptions?

Answered: 1 week ago

Question

What is customer satisfaction?

Answered: 1 week ago