2. Al-Bustan Co. gathered the following information on total costs and factory machine usage for the last six months: Month January February March Total Cost R.O. 14,810 29,210 29,000 19,340 29,810 14,910 Factory Machine Hours 13,900 16,600 6,600 13,200 16,500 6,800 April May June Instructions Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. (a) (b) What is the variable portion of the mixed costs? What is the fixed portion of the mixed costs? If it is estimated that 5,000 factory machine hours will be run in July, what is the (c) expected total cost for July?

Q: Mudhaiby Co. gathered the following information on power costs and factory machine usage for the…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: Al-Bustan Co. gathered the following information on total costs and factory machine usage for the…

A: Formula: Variable cost = Total difference of total cost  / Total difference of machine hours

Q: The controller of Wildhorse Industries has collected the following monthly expense data for use in…

A: High low method is used as an attempt to segregate the variable and fixed costs using a limited set…

Q: Cost Machine Hours May June P8,300 10,400 7,200 9,500 15,000 20,000 12,000 18,000 July August

A: Total cost:- It is sum of total variable cost and total fixed cost. I,e total cost = Variable cost +…

Q: DoKnow Co. like to estimate the variable and fixed cost components of its maintenance cost and has…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: The controller of Norton Industries has collected the following monthly expense data for use in…

A: High low method: Variable cost per hour= (Highest activity cost - Lowest activity cost) / (Highest…

Q: Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: The manufacturing costs of Ackerman Industries for the first three months of the year follow:…

A: The high-low method is a method to split the variable and fixed cost components of an entity's mixed…

Q: Thomas Train has collected the following information over the last six months. Month Units produced…

A: High-low method considers Highest Activity Units and Lowest Activity unit and their total cost.…

Q: Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months.…

A: The high-low method is used to differentiate the mixed cost. The mixed cost is the combination of…

Q: Hot'lanta, Inc, which uses the high-low method to analyze cost behavior, has determined that machine…

A: When some cost is showing combined effect of variable and fixed cost i.e. it is semi variable and…

Q: The Information bellow has been taken from production department of XYZ Company for December is as…

A: Production cost refers to the total cost of producing a product that includes variable and fixed…

Q: The controller of ABC Company that produces face masks has requested a quick estimate of the…

A: Estimated manufacturing expenses would be consisted of total fixed and variable costs.

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Variable costs: These are the costs that vary with the number of units produced. The more the units…

Q: 11) Barkotf Enterprises, which uses the high-low method to analyze cost behav determined that…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: The Fuller Company has provided the following information Month July August September October Direct…

A: Variable cost per hour = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: 1) Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: The manufacturing cost of Calico Industries for three months of the year are provided below.…

A: A high low method is used to separate the mixed cost into fixed cost and variable cost. In this…

Q: Mema Company makes motorcycles. Management wants to estimate overhead costs to plan its operations.…

A: High low method is a method of cost estimation in which costs at highest level of activity and…

Q: M.G. Gabon, REB, accumulates the following data concerning a mixed cost, using units produced as the…

A:

Q: The manufacturing costs of Calico Industries for three months of the year are provided below:…

A: The high-low method of costing determines the per unit variable cost by dividing the difference…

Q: Blaney Company has one mixed cost. It uses machine hours as the activity level. Using the high - low…

A: Variable cost represents the cost that varies with the change in output. Whereas, fixed cost does…

Q: Jefferson Inc. has the following information for the month of September. The company applies OH…

A: In this question, we will calculate the total manufacturing overhead is under applied or over…

Q: electricity cost

A: High-low method refers to the method which is used for splitting the semi-fixed or variable cost…

Q: 2. Al-Bustan Co. gathered the following information on total costs and factory machine usage for the…

A: Under high-low method, the month having highest activity and the month having lowest activity is…

Q: .-Strait Co. manufactures office furniture. During the most productive month of the year, 3,400…

A: A high low method is used to separate the mixed cost into fixed cost and variable cost. In this…

Q: The controller of Hall Industries has collected the following monthly expense data for use in…

A: A variable cost is a business expense that varies with how much a company produces or sells.…

Q: Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: The controller of ABC Company that produces face masks has requested a quick estimate of the…

A: Total variable costs = estimated production x variable cost per unit = 470000*1.45 = P681500

Q: Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: The controller of ABC Company that produces face masks has requested a quick estimate of the…

A: Correct option is 4. P752,060   Estimated manufacturing supplies for April is P752,060

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

A: High - low method is used to divide variable cost and fixed cost from the limited data available on…

Q: The manufacturing cost of Mocha Industries for three months of the year are provided below: Total…

A: High- Low method splits the Fixed costs and Variable costs

Q: Donner Company would like to estimate the variable and fixed components of its maintenance costs and…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: Acme Corporation produces two basic products: widgets and wadgets. Below is a table of outputs and…

A: Partial factor of productivity= Total Output/Total Energy Input Under Multi factor and Total factor,…

Q: Bennetté Córporation has provided the following data concerning its overhead costs for the coming…

A: Bifurcation of cost to Order Processing   CALCULATION PARTICULAR ORDER PROCESSING       A=…

Q: The controller of Sunland Industries has collected the following monthly expense data for use in…

A: Under the high-low method, a difference between the highest and lowest point of activities is taken…

Q: The following information is available for a company's utility cost for operating its machines over…

A: High-low method: In the high-low method, the semi variable-cost approximation is calculated by using…

Q: Santorini Ltd. has accumulated the following data over a six-month period:   Indirect Labor Hours…

A:

Q: Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine…

A: A high low method is known to separate the mixed cost into fixed cost and variable cost. In this…

Q: Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Shown below are units produced and total manufacturing costs for the past four months at Minda…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: arkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that…

A: Variable cost per machine hour=(Highest activity cost-Lowest activity cost)/(Highest activity hours…

Q: A company manufacturing two products furnishers the following data for a year: Product Annual Output…

A: Cost allocation is a process of assigning or allocating indirect cost to each and every unit using a…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total…

A: A high low method is used to separate the mixed cost into fixed cost and variable cost. In this…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.