Calculate the estimated total fixed cost

Assignment Help Accounting Basics
Reference no: EM132197293

Question - The following information is available for a company's utility cost for operating its machines over the last four months.

Month Machine hours Utility cost

January 960 $ 5,510

February 1,860 $ 7,020

March 2,520 $ 8,700

April 660 $ 4,050

Using the high-low method, the estimated total fixed cost for utilities is:

$1,560.

$4,050.

$6,060.

$3,480.

$2,400.

Reference no: EM132197293

Questions Cloud

Explore types of principal-agency relationships : A person injured by someone driving a car in the course of employment may sue not only the driver but that driver's employer.
Do you prefer oral vs. written communication : Do you prefer oral vs. written communication? Do you believe Skype business is a good method of communication in business?
What is the purpose of strategic alignment : So, what is the purpose of "Strategic Alignment"? and its influence on business processes?
How do potential barriers to effective strategic planning : How do potential barriers to effective strategic planning in the health care environment differ from barriers encountered in the general business world.
Calculate the estimated total fixed cost : The information is available for a company's utility cost. Using the high-low method, the estimated total fixed cost for utilities is
Opportunity in serving rapidly growing segment : You want to start a business and perceive an opportunity in serving the rapidly growing segment of the US population over 50.
Senior levels of the workforce : Provide three (3) senior levels of the workforce that would need to be involved in endorsing the objectives
Result of group necessity : Is collective creativity the result of group necessity?
Describe substantive audit procedures : ACC 707 Auditing and Assurance Services - Identify and describe two substantive audit procedures that you could perform in response

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd