Answered: Cost Machine Hours May June P8,300…

Name: Given the following cost and activity observations for NUBD Company’s
Uploaded: 2022-12-02T03:59:28.000Z
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Description: Given the following cost and activity observations for NUBD Company’s utilities, use the high-low method to calculate NUBD’s total cost for 21,000 hours. CostP8,30010,4007,2009,500Machine Hours15,00020,00012,00018,000MayJuneJulyAugust

Business

Accounting

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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Given the following cost and activity observations for NUBD Company’s utilities, use the high-low method to calculate NUBD’s total cost for 21,000 hours.