Question
Name Section The manager of the Wren Golf Resort is preparing his budget for the upcoming year and has determined that two of the costs
Name Section The manager of the Wren Golf Resort is preparing his budget for the upcoming year and has determined that two of the costs for the golf course are semi variable costs: electricity and golf course repairs and maintenance costs. He has looked at the costs for the past fiscal year and has accumulated the attached data on these costs. REQUIRED: Using the high-low method of cost estimation, compute the following items. Estimated variable cost per kilowatt hour for electricity. Round your answer to four decimal places. (1) (2) Estimated fixed cost expense per month for electricity. Round your answer to the nearest whole dollar. (3) (4) (5) Estimated variable cost per labor hour for maintenance expense. Round your answer to four decimal places. Estimated fixed cost per month for maintenance expense. Round your answer to the nearest whole dollar. Estimated electricity expense for a month where 290,000 kilowatt hours are used. Round your answer to the nearest whole dollar.
The manager of the Wren Golf Resort is preparing his budget for the upcoming year and has determined that two of the costs for the golf course are semivariable costs: electricity and golf course repairs and maintenance costs. He has looked at the costs for the past fiscal year and has accumulated the attached data on these costs. REQUIRED: Using the high-low method of cost estimation, compute the following items. (1) Estimated variable cost per kilowatt hour for electricity. Round your answer to four decimal places. (2) Estimated fixed cost expense per month for electricity. Round your answer to the nearest whole dollar. (3) Estimated variable cost per labor hour for maintenance expense. Round your answer to four decimal places. (4) Estimated fixed cost per month for maintenance expense. Round your answer to the nearest whole dollar. (5) Estimated electricity expense for a month where 290,000 kilowatt hours are used. Round your answer to the nearest whole dollar. The manager of the Wren Golf Resort is preparing his budget for the upcoming year and has determined that two of the costs for the golf course are semivariable costs: electricity and golf course repairs and maintenance costs. He has looked at the costs for the past fiscal year and has accumulated the attached data on these costs. REQUIRED: Using the high-low method of cost estimation, compute the following items. (1) Estimated variable cost per kilowatt hour for electricity. Round your answer to four decimal places. (2) Estimated fixed cost expense per month for electricity. Round your answer to the nearest whole dollar. (3) Estimated variable cost per labor hour for maintenance expense. Round your answer to four decimal places. (4) Estimated fixed cost per month for maintenance expense. Round your answer to the nearest whole dollar. (5) Estimated electricity expense for a month where 290,000 kilowatt hours are used. Round your answer to the nearest whole dollar
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