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mutiple choice (2) Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month.
mutiple choice (2) Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month. Do not round your intermediate calculations January February Cost $52,200 75,000 57.000 64,000 Machine Hours 20,000 29,000 March 22,000 24,500 April a $22,800 b. $1,533 C. $50,600 d. 52,530 QUESTION 29 At the beginning of the period, the Assembly Department budgeted direct labor of $110.000, direct materials of $170,000, and fixed factory overhead of $28.000 for 8 000 hours of production. The department actually completed 10,000 hours of production. The appropriate total budget for the department, assuming it uses flexible budgeting, is a $378,000 b. $288.000 c. $350.000 d. $305,000
mutiple choice (2)
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