{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-09-16T00:09:04-04:00", "answer_date": "2024-09-16 00:09:04", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "11107727", "url": "\/study-help\/questions\/the-controller-of-oriole-production-has-collected-the-following-monthly-11107727", "question_creation_date_js": "2024-09-16T00:09:04-04:00", "question_creation_date": "Sep 16, 2024 12:09 AM", "meta_title": "[Solved] The controller of Oriole Production has c | SolutionInn", "meta_description": "Answer of - The controller of Oriole Production has collected the following monthly expense data for analyzing the cost behavior o | SolutionInn", "meta_keywords": "controller,oriole,production,collected,monthly,expense,data,analyzing,cost,behavior,electricity,costs", "question_title_h1": "The controller of Oriole Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. Total Electricity Costs Total Machine", "question_title": "The controller of Oriole Production has collected the following monthly expense data", "question_title_for_js_snippet": "The controller of Oriole Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs Total Electricity Costs Total Machine Hours January $2,400 250 February 3,010 360 March 3,570 500 April 4,790 690 May 3,150 410 June 4,930 740 July 4,110 630 August 3,880 530 September 5,010 665 October 4,380 630 November 3,320 360 December 5,970 760 (a) Determine the fixed and variable cost components using the high low method Fixed costs $enter the fixed cost amount in dollars Variable costs $enter the variable cost amount in dollars", "question_description": "

The controller of Oriole Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs.<\/p>
<\/td> <\/td>

Total<\/strong> Electricity Costs<\/strong><\/p> <\/th>

<\/td>

Total<\/strong> Machine Hours<\/strong><\/p> <\/th> <\/tr>

January<\/p> <\/th>

<\/td> <\/td> $2,400<\/td> <\/td> <\/td> <\/td> 250<\/td> <\/td> <\/tr>

February<\/p> <\/th>

<\/td> <\/td> 3,010<\/td> <\/td> <\/td> <\/td> 360<\/td> <\/td> <\/tr>

March<\/p> <\/th>

<\/td> <\/td> 3,570<\/td> <\/td> <\/td> <\/td> 500<\/td> <\/td> <\/tr>

April<\/p> <\/th>

<\/td> <\/td> 4,790<\/td> <\/td> <\/td> <\/td> 690<\/td> <\/td> <\/tr>

May<\/p> <\/th>

<\/td> <\/td> 3,150<\/td> <\/td> <\/td> <\/td> 410<\/td> <\/td> <\/tr>

June<\/p> <\/th>

<\/td> <\/td> 4,930<\/td> <\/td> <\/td> <\/td> 740<\/td> <\/td> <\/tr>

July<\/p> <\/th>

<\/td> <\/td> 4,110<\/td> <\/td> <\/td> <\/td> 630<\/td> <\/td> <\/tr>

August<\/p> <\/th>

<\/td> <\/td> 3,880<\/td> <\/td> <\/td> <\/td> 530<\/td> <\/td> <\/tr>

September<\/p> <\/th>

<\/td> <\/td> 5,010<\/td> <\/td> <\/td> <\/td> 665<\/td> <\/td> <\/tr>

October<\/p> <\/th>

<\/td> <\/td> 4,380<\/td> <\/td> <\/td> <\/td> 630<\/td> <\/td> <\/tr>

November<\/p> <\/th>

<\/td> <\/td> 3,320<\/td> <\/td> <\/td> <\/td> 360<\/td> <\/td> <\/tr>

December<\/p> <\/th>

<\/td> <\/td> 5,970<\/td> <\/td> <\/td> <\/td> 760<\/td> <\/td> <\/tr> <\/tbody> <\/table>

(a)<\/p>

Determine the fixed- and variable-cost components using the high-low method.<\/p>

Fixed-costs<\/p> <\/th>

<\/td> $enter the fixed cost amount in dollars <\/td> <\/tr>

Variable-costs<\/p> <\/th>

<\/td> $enter the variable cost amount in dollars <\/td> <\/tr> <\/tbody> <\/table>", "transcribed_text": "", "related_book": { "title": null, "isbn": null, "edition": null, "authors": null, "cover_image": null, "uri": null, "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-16 00:09:04", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/introduction-to-probability-statistics\/suppose-if-the-simple-events-and-are-all-2014918", "description": "Suppose . If the simple events , ,and are all equally likely, what are the numerical values , , and ?", "stars": 0 }, { "url": "\/consider-an-audit-client-that-manufactures-fishing-boats-and-sells", "description": "Consider an audit client that manufactures fishing boats and sells them all over the country. Boats are sold to dealers who finance their purchases with their banks. The banks usually pay your client...", "stars": 3 }, { "url": "\/study-help\/questions\/the-controller-of-oriole-production-has-collected-the-following-monthly-11107727", "description": "The controller of Oriole Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. Total Electricity Costs Total Machine Hours January $2,400...", "stars": 3 }, { "url": "\/study-help\/questions\/i-am-just-trying-to-get-this-feature-to-delete-5267781", "description": "I am just trying to get this feature to delete off of my screen. I am hoping that sending in this response will clear this pop up feature for tutor help from my browser.", "stars": 3 }, { "url": "\/study-help\/questions\/5-a-consumer-decides-not-to-buy-a-vcr-when-5383652", "description": "5. A consumer decides not to buy a VCR when her income is $20,000. However, when her income rises to $30,000, she decides to buy one. In a single diagram, draw the budget lines and indifference...", "stars": 3 }, { "url": "\/study-help\/questions\/1-with-loads-a-b-c-and-d-applied-as-1024021", "description": "1. With loads A, B, C, and D applied as shown, find: (a) (6 points) The total moment about point O. (b) (4 points) The moment about the axis from O to A. If A 75 N, B=25 N, C=50 N, and D = 100 N. B B...", "stars": 3 }, { "url": "\/study-help\/questions\/a-lender-encourages-a-borrower-who-receives-a-federally-related-1000077", "description": "A lender encourages a borrower who receives a federally related mortgage loan from it to employ an attorney to perform the title searches and related settlement services in connection with their...", "stars": 3 }, { "url": "\/study-help\/questions\/now-suppose-grant-had-a-stopwatch-and-starts-the-stopwatch-5362529", "description": "Now, suppose Grant had a stopwatch and starts the stopwatch when Alan starts running. Grant notices that Alan reaches his max speed when the stopwatch reads 8 seconds, and Alan is at the 60 yard-line...", "stars": 3 }, { "url": "\/study-help\/questions\/an-electric-motor-raises-the-container-of-a-liquid-a-5404035", "description": "An electric motor raises the container of a liquid a vertical distance of 7.5 m in only 6.0 s. During this time its power input is 9.5 kW. a) How much work does the motor do on the liquid? b) How...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/current-attempt-in-progress-at-december-31-2021-pharoah-company-11107726", "next": "\/study-help\/questions\/at-the-beginning-of-2019-robotics-inc-acquired-a-manufacturing-11107728" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "The controller of Oriole Production has collected the following monthly expense data", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/the-controller-of-oriole-production-has-collected-the-following-monthly-11107727" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }} }