Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per unit   $enter the variable cost per unit in dollars rounded to 2 decimal places  (B) Compute the fixed cost elements using the high-low method.

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: Ravena Company manufactures office furniture. During the most productive month of the year, 3,500…

A: There are two type of costs that are being incurred in business. These are fixed costs and variable…

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

A: Highest activity = 48,200 units Lowest activity = 21,700 units

Q: Using the high-low method, the utilities cost associated with 980 machine 1 point hours would be:…

A: Compute the variable cost per machine hour: Variable cost per machine hour=Utilities during…

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 manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost…

A: Answer with all workings are as follows.

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

A: Variable Cost: The cost which is not fixed is called as variable cost. This cost is directly…

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

A: Variable cost changes with the change in the production units. Under the high low method, variable…

Q: Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month…

A: Variance analysis: Variance analysis is the process of comparing the actual and standard figures and…

Q: The following Information is avallable for a company's maintenance cost over the last seven months.…

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

Q: Data concerning NikNik Corporation's activity for the 6 months appear below: Machine Electrical Cost…

A: High low method is a method of cost estimation under which variable costs and fixed costs are being…

Q: Miss River Railroad decided to use the high-low method and operating data from the past six months…

A: working notes:   Highest activity cost = $1,143,500  Lowest activity cost = $783,900  Highest…

Q: Chrystal Company incurred the following costs for the months of January and February: Type of Cost…

A: The costs of production may be of different types as fixed cost, variable cost etc.

Q: The following data relate to the Lisle Company for May and August of the current year: May 25,000…

A: Variable cost per unit = ($1,247,000 - $1,175,000) / (29,000 - 25,000) = $18   Fixed cost  =…

Q: Boston Railroad decided to use the high-low method and operating data from the past six months to…

A: Variable cost is the cost that changes with the change in the output. Whereas, fixed cost is the…

Q: The manufacturing cost of Mocha 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: electricity cost

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

Q: Boston Railroad decided to use the high-low method and operating data from the past six months to…

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

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: Given the following cost and activity observations for Smithson Company’s utilities, use the…

A:

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: Continental Railroad decided to use the high-low method and operating data from the past six months…

A: High Low Method is a method of identifying fixed and variable costs when a clear demarcation is not…

Q: For the current year Furniture Company incurred the following:   Month Delivery Costs # of…

A: High low method is a method of cost estimation under cost at highest level of activity and lowest…

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: The following information is available for a company's maintenance cost over the last seven months.…

A: Lets understand the basics. In high low method, fixed cost and variable cost gets separated from…

Q: The following information is available for a company’s maintenance cost over the last seven months.…

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

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: Deidoro Company has provided the following data for maintenance cost: Machine hours Maintenance cost…

A: Cost accounting is one of the important field of accounting. There are mainly two type of costs…

Q: Fixed Costper Month Cost perRepair-Hour Wages and salaries $ 20,900 $ 15.00 Parts and…

A: An activity variance is a variance between the flexible budget numbers and planning budget numbers A…

Q: The following information is available for a company’s maintenance cost over the last seven months.…

A:

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

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

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

A: Variable expenses are those expenses that change with the change in quantity. Direct materials,…

Q: The controller of Cullumber Industries has collected the following monthily expense data for…

A: Regression analysis would seem to be a set of statistical processes for evaluating relationships…

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: Robin Inc. shows the following manufacturing costs for the Third quarter of the year: Production…

A: Lets understand the basics. In high low method, fixed cost and variable cost gets separate from the…

Q: Given the following cost and activity observations for Smithson Company's utilities, use the…

A: Given that, Highest activity (machine hours) = 29,000  Lowest activity (machine hours) = 20,000…

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

A: Compute the variable cost per unit using the high-low method.

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

A: The high low method is used to split out mixed costs into variable cost and fixed cost.it can be…

Q: Townhall Corp. has provided the following data for its utility cost: Prior Current Year Year Machine…

A: Fixed Cost: Fixed Cost remain Constant irrespective of the output produce. Variable Cost : Variable…

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…

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

A: It takes into consideration the highest level activities as well as the lowest level of activity and…

Q: Boston Railroad decided to use the high-low method and operating data from the past six months to…

A: High-Low Method is used to segregate the Fixed cost and Variable cost.