Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pearson Dectric Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first six months of

image text in transcribed
Pearson Dectric Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first six months of the year 1 Month January February March April May June Cost(Y) Hours() $ 8,220 365 $10,000 800 $ 8,240 480 $ 8,360 480 $10,30 1,08S $ 9.750 775 What is the estimated total cost at an operating level of 1180 hours, using the high-low method (Round variable cost per unit to 2 decimal places.) Multiple Choice O 5140 $10,620 $10565 Type here to search o E g

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

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

Business Accounting Uk Gaap Volume 2

Authors: Alan Sangster, Frank Wood

1st Edition

0273718800, 9780273718802

More Books

Students also viewed these Accounting questions

Question

Understand human resource planning in an academic setting.

Answered: 1 week ago

Question

Analyze mentoring and career planning opportunities for academics.

Answered: 1 week ago