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KengaRu [80]
4 years ago
15

The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variab

le costs in the organization. The managerial accountant reported the following information:Month Machine Hours Total costsJanuary 1,800 $21,500February 2,900 $23,200March 1,000 $19,750April 2,400 $21,000May 3,400 $23,900Use the high-low method to determine the cost equation and use machine hours as the base for a cost driver in the analysis. What is the total cost equation for Sunny Manufacturing?
Business
1 answer:
Solnce55 [7]4 years ago
5 0

Answer:

Month. Machine Hours. Total costs

January. 1,800 $21,500

February. 2,900 $23,200

March. 1,000. $19,750

April. 2,400. $21,000

May. 3,400. $23,900

High-Low method = 23, 900 + 21,000

= 44,900

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Zelda is a recent fashion graduate. She started her own apparel store with an investment of $300,000. In the first year she made
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3 years ago
Chico Company paid $560,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the
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3 years ago
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7 0
2 years ago
On a particular date, FedEx has a stock price of $89.27 and an EPS of $7.11 . Its competitor, UPS,had an EPS of $0.38 . What wou
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8 0
4 years ago
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