Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 16 Oriole Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July $39,263 August 49,344 Units
Question 16 Oriole Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July $39,263 August 49,344 Units Produced 18,500 32,896 37,008 22,616 41,120 39,064 September October 56,540 40,156 76,586 63,736 November December (al) (a2) Compute the fixed cost elements using the high-low method. Fixed costs $ Question 15 Pharoah Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Coc January February 7,990 7,500 $14,155 13,500 March April Miles Driven 8,490 8,205 Total Cost $14,589 14,495 (al) Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per mile Click if you would like to Show Work for this question: Open Show Work
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