User Account

All Pages

Estimate a cost formula for utilities

Assignment Help Cost Accounting
Reference no: EM132583030

Year             Output Volume unit             Total Cost

2014                   70,500                          145,500

2015                    85,000                         160,000

2016                    95,000                          170,000

2017                     98,000                        180,000

2018                      75,000                     160,000

Required:

Question 1. Calculate the total cost that should be expected in 2019 if output is 90,000 units

Question 2. Using the high low method, estimate a cost formula for utilities. Express the formula in the form of Y = a+bX

Reference no: EM132583030

Questions Cloud

About the entrepreneurial mind-set : Much has been said about entrepreneurial mind-set. Evaluate several personality characteristics as they impact probable likelihood of entrepreneurial success
Think offers the greatest opportunity : Which do you think offers the greatest opportunity for minimizing risk and maximizing opportunities?
Food service operation determine menus and menu pricing : Determine what information should be on food specification. Or how does a commercial food service operation determine menus and menu pricing.
What were biggest challenges : What were the biggest challenges you have had so far and how have you overcome these challenges?
Estimate a cost formula for utilities : Using the high low method, estimate a cost formula for utilities. Express the formula in the form of Y = a+bX.Calculate the total cost that should be expected.
Discussion - Social Media Success : What agency, organization, or company do you think has been the most successful with using social media to communicate during a crisis or disaster
Choices and business decisions : Provide an example of a business decision based on multiple choices made by a company that changed the company's future (good or bad).
Calculate the total bid : Calculate the total bid if you base your calculations on the September 15, 2017, invoice assuming a cost plus 15% government contract.
Develop succession plan or exit strategy for business : Develop a succession plan or exit strategy for a business. Within your response, be sure to discuss which elements are essential to this succession plan

Reviews

Write a Review

Cost Accounting Questions & Answers

  How are the applied in the organization work for

How the are applied in the organization you work for, and how they facilitate the development or/and implementation of the business strategy of your firm

  Purpose the journal entry for blaha to record the impairment

Purpose the journal entry for Blaha to record the impairment of its goodwill at the end of 2013.

  Give your opinion to the article with cited work

Inventory Costing and Intangible Assets- Accounting Majors only - Please give your opinion to the article with cited work. The main inventory control systems used in the United States are the First-In, First-Out (FIFO) and the Last-In, Last-Out (LIF..

  Make income statement for the year ended june

Give one example of direct and indirect material for ABC Leather Manufacturing Company. Income Statement for the year ended June 30, 2018.

  Compute the predetermined overhead rates

Compute the ABC overhead cost for each product and determine the total production cost for each product and the expected selling price.

  Prepare a production cost report for the month ended march

Aromatic Company for its line of perfume products for the month ended March 3. Prepare a production cost report for the month ended March 31, using the average cost method.

  Find deterring selling price under cost based approach

A short note with example and reasons on the cost that we can use as a base while deterring selling price under cost based approach?

  Question related to strategies for managing risk

Strategies for managing risk - Evaluate what is a strategy for managing risk and what are some potential future risks?

  Determine the budgeted overhead absorption rate for machine

Determine the budgeted overhead absorption rate for Machine Shop A. Determine the budgeted overhead absorption rate for Machine Shop B.

  How many direct labor hours did tyler company incur

Underapplied overhead analysis Tyler Company applies manufacturing overhead. How many direct labor hours did Tyler Company incur during August?

  Completion of worksheet

Worksheet of Sheetal Company Limited - Completion of Worksheet

  Calculate the weighted average cost of debt

Calculate the Weighted Average Cost of Debt

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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