The manager of Trusty Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,300 for 1,300 inspections to $3,900 for 900 inspections. Read the requirements. Requirement 1. Use the high-low method to calculate the variable cost per inspection. Select the formula and enter the amounts to calculate the variable cost per inspection. (Round to the nearest cent.) Variable cost per inspection

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 28E: Assume that the inspection activity has an expected cost of 120,000. Expected direct labor hours are...
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Change in total cost
tion reviewed the monthly operating costs for the past year. The costs ranger
Change in volume of activity
Mixed cost per unit
Total fixed cost
method to calculate the variable cost per inspection.
Total mixed cost
Total variable cost
nounts to calculate the variable cost per inspection. (Round to the nearest c
Variable cost per inspection
Transcribed Image Text:Change in total cost tion reviewed the monthly operating costs for the past year. The costs ranger Change in volume of activity Mixed cost per unit Total fixed cost method to calculate the variable cost per inspection. Total mixed cost Total variable cost nounts to calculate the variable cost per inspection. (Round to the nearest c Variable cost per inspection
The manager of Trusty Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,300 for 1,300 inspections to $3,900 for 900 inspections.
Read the requirements.
Requirement 1. Use the high-low method to calculate the variable cost per inspection.
Select the formula and enter the amounts to calculate the variable cost per inspection. (Round to the nearest cent.)
Variable cost per inspection
Transcribed Image Text:The manager of Trusty Car Inspection reviewed the monthly operating costs for the past year. The costs ranged from $4,300 for 1,300 inspections to $3,900 for 900 inspections. Read the requirements. Requirement 1. Use the high-low method to calculate the variable cost per inspection. Select the formula and enter the amounts to calculate the variable cost per inspection. (Round to the nearest cent.) Variable cost per inspection
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