Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 6 Not yet answered XYZ Company uses the high-low method to analyze mixed costs. During the year, the highest level of activity was in

image text in transcribed
Question 6 Not yet answered XYZ Company uses the high-low method to analyze mixed costs. During the year, the highest level of activity was in May and the lowest level of activity was in February. In February, the company worked 11,00 hours and had a total cost of $46,300. In May, the company worked 27,000 hours and had a total cost of $110,300. What is the estimated total cost at an operating level of 23,000 hours? Marked out of 1.00 P Flag question Select one: 0 a $94,300 O b. None of the answers given O c $49,300 O d. 598,300 e $102,300

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

Step: 3

blur-text-image

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

Accounting A Business Perspective

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

7th Edition

0075615851, 978-0075615859

More Books

Students also viewed these Accounting questions

Question

What do you call your problem (or illness or distress)?

Answered: 1 week ago

Question

Aware of differences in the role of employees unions.

Answered: 1 week ago