Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Month Jan Feb Mar Apr May Jun = Nachine Hours X 3.000 4,500 8.000 7,000 6,000 9,000 3,500 5,500 Naintenance Costs (Y $440 $690 $510
Month Jan Feb Mar Apr May Jun = Nachine Hours X 3.000 4,500 8.000 7,000 6,000 9,000 3,500 5,500 Naintenance Costs (Y $440 $690 $510 S600 $550 $980 $840 $600 Aug What is the equation of the line using the high-low method and this data? $980 = 170 + (0.09X) O Y = $170 + (0.09 x 9,000) Y = 170+ ($0.09 X) X = 170+ ($0.09 Y)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Horngrens Cost Accounting A Managerial Emphasis
Authors: Srikant Datar, Madhav Rajan
17th Global Edition
129236307X, 9781292363073
