44) Same information as before - You have collected the following information about activity and costs - Activity - Machine Cost - Utilities Month Hours $18,500 $19,750 $23,740 $25,500 $18,350 $17,290 $17,150 $25,200 $24,100 March 2,400 2,600 2,900 3,100 April May June July August September 1,950 October 2,100 1,900 3,150 November 3,000 Using the High-Low method and your answers from the two previous questions, what is the estimated cost for December if the machines run for 2,550 hours ?

44) Same information as before - You have collected the following information about activity and costs - Activity - Machine Cost - Utilities Month Hours $18,500 $19,750 $23,740 $25,500 $18,350 $17,290 $17,150 $25,200 $24,100 March 2,400 2,600 2,900 3,100 April May June July August September 1,950 October 2,100 1,900 3,150 November 3,000 Using the High-Low method and your answers from the two previous questions, what is the estimated cost for December if the machines run for 2,550 hours ?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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