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The controller of Cullumber Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. Total Electricity Costs Total Machine
The controller of Cullumber Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs.
Total Electricity Costs | Total Machine Hours | |||||||
January | $2,540 | 290 | ||||||
February | 3,060 | 350 | ||||||
March | 3,520 | 460 | ||||||
April | 4,660 | 685 | ||||||
May | 3,220 | 480 | ||||||
June | 4,880 | 790 | ||||||
July | 4,040 | 635 | ||||||
August | 3,880 | 550 | ||||||
September | 5,050 | 660 | ||||||
October | 4,370 | 615 | ||||||
November | 3,360 | 350 | ||||||
December | 6,180 | 810 |
the other an last exersice is
please and if you can also provide how you guys did it !!! it will be great.. or I dont know if its possible in Chegg to upload an exel document with the formulas, then that would be amazing
thanks in advance
Determine the fixed- and variable-cost components using the high-low method. Fixed-costs 510 Variable-costs Your answer is incorrect. Try again. What electricity cost does the cost equation estimate for a level of activity of 460 machine hours? Electricity costs By what amount does this differ from March's observed cost for 460 machine hours? Amount differ xYour answer is incorrect. Try again What electricity cost does the cost equation estimate for a level of activity of 790 machine hours? Electricity costs By what amount does this differ from June's observed cost for 790 machine hours? Amount differ Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows Depreciation Advertising Insurance Weed and feed materials Direct labor Fuel $1,400 per month $200 per month $3,680 per month $13 per lawn $16 per lawn $3 per lawn Blossom charges $80 per treatment for the average single-family lawn xYour answer is incorrect. Try again Determine the company's break-even point in number of lawns serviced per month Break-even point 88l lawns xYour answer is incorrect. Try again Determine the company's break-even point in dollars Break-even point Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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