11:57 M46* ll 95% i* RequiredHigh-Low MethodX Company accumulates the following dataabout maintenance costs, a mixed cost,using hours as the activity level:HoursCost30,000$150,000May20,000125,000June25.000137,500July10,000100,000August15,000112,500Based on the above, in applying the high-low method, what is the unit variable cost?$2.5$5$10None of the above 11:57 M46* ll 95% iBased on the above, using the high-lowmethod, the estimated fixed cost elementis$75,000$125,000$25,000None of the aboveBased on the above, using the high-lowmethod, determine an estimate of totalmaintenance cost for a month in whichproduction is expected to be 35,000 units.$87,500$250,000$162,500None of the abovePage 4 of 10

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Description: 11:57 M46* ll 95% i* RequiredHigh-Low MethodX Company accumulates the following dataabout maintenance costs, a mixed cost,using hours as the activity level:HoursCost30,000$150,000May20,000125,000June25.000137,500July10,000100,000August15,000112,500B

This method is used to segregate variable cost and fixed cost. In this method, highest level of…

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High-Low Method X Company accumulates the following data about maintenance costs, a mixed cost, using hours as the activity level: Hours Cost Аpril 30,000 S150.000 May 20,000 125,000 June 25,000 137,500 July 10,000 100,000 August 15,000 112,500 Based on the above, in applying the high- low method, what is the unit variable cost? $2.5 $5 $10 None of the above

High-Low Method X Company accumulates the following data about maintenance costs, a mixed cost, using hours as the activity level: Hours Cost Аpril 30,000 S150.000 May 20,000 125,000 June 25,000 137,500 July 10,000 100,000 August 15,000 112,500 Based on the above, in applying the high- low method, what is the unit variable cost? $2.5 $5 $10 None of the above

Financial & Managerial Accounting

14th Edition

ISBN:9781337119207

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter26: Lean Manufacturing And Activity Analysis

Section: Chapter Questions

Problem 26.16EX

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