Question
Southlake Inc uses the high low method to analyze cost behavior. The company observed that at 30,000 machine hours of activity, total maintenece costs averaged
Southlake Inc uses the high low method to analyze cost behavior. The company observed that at 30,000 machine hours of activity, total maintenece costs averaged $11/hour. When activity jumped to 60,000 machine hours which was still within the relevant range, the average total maintence cost was $9.
What are the total costs estimated to be at the level of 50,000 machine hours?
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Internal Auditing And Risk Management The Mediating Effect Of Role Ambiguity On Factors Performance Relationship
Authors: Shabnam Fazli Aghghaleh, Zakiah Mohammadun Mohammed, Azlina Ahmad
1st Edition
3846587397, 978-3846587393
