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VladimirAG [237]
3 years ago
11

The Chambers Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at

2,300 machine hours. The records also indicated that overhead of $9,730 was incurred at 2,600 machine hours. What is the variable cost per machine hour using the high-low method to estimate the cost equation?
a. $2,78
b. $2.86
c. $3.10
d. $3.38
e. some other answer
Business
1 answer:
notsponge [240]3 years ago
6 0

Answer:

B) $2,86

Explanation:

Using the high-low method we will use the highest activity level and the lowest activity level to determine the variable and fixed portion of the costs.

Highest activity - Cost $ 14182  Hours - 4200

Lowest activity - Cost $ (8748)   Hours - (2300)

Difference        -            $ 5434                 1900

Now we determine the variable portion. 5434/1900 = 2,86

Thus the answer is B.

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Answer:

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Explanation:

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Answer:

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Explanation:

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6 0
3 years ago
Using the most reliable information available, how much of the Earth's land surface is used for agriculture today? View Availabl
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Answer:

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Government's surveys and records are no very reliable since you would need to use information from all the governments in the world including democratic countries and nations with dictatorships.

4 0
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__________data, or the facts and figures that have already been collected about the Coffee Collective prior to the research at h
creativ13 [48]

Answer:

The correct answer is c) secondary

Explanation:

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