Estimate of fixed costs for fleet operating expenses

Assignment Help Financial Accounting

Reference no: EM131202466

The Apollo Delivery Service has the following information about its truck fleet miles and operating costs: Year Miles Operating Costs 2011 250,000 $160,000 2012 300,000 $175,000 2013 350,000 $210,000 What is the best estimate of fixed costs for fleet operating expenses in 2014 using the high-low method? $100,000 $ 35,000 $175,000 $ 50,000

Reference no: EM131202466

Questions Cloud

Describe your career experiences : Teacher Leader Concentration. Describe your career experiences. How would this experience contribute to your "use of self" as a leader who practices coaching?

What is the limiting reactant in this case : Nitrogen monoxide and oxygen react to form nitrogen dioxide. Consider the mixture of NO and O2 shown in the accompanying diagram. The blue spheres represent N, and the red ones represent O.

Explain effective approaches to the broad spectrum : Explain effective approaches to the broad spectrum of employee relations, including career development, fostering ethical behavior, discipline, labor relations, and dismissals. Use technology and information resources to research issues in human re..

Write separate equations for the decompositions of calcium : Dolomite is a mineral consisting of calcium carbonate and magnesium carbonate. When dolomite is strongly heated, its carbonates decompose to their oxides (CaO and MgO) and carbon dioxide is expelled.

Estimate of fixed costs for fleet operating expenses : The Apollo Delivery Service has the following information about its truck fleet miles and operating costs: Year Miles Operating Costs 2011 250,000 $160,000 2012 300,000 $175,000 2013 350,000 $210,000 What is the best estimate of fixed costs for fleet..

Writing the plan and setting expectations : She is eager to be the first home health company to open a physical office in this new territory and has tasked you with developing a marketing plan. You have been asked to provide an executive summary to the management team of the marketing plan.

Equivalent units for the period using average cost method : In department C, materials are added at the beginning of the process. There were 1,000 units in beginning inventory, 10,000 units were started during the month, and 7,000 units were completed and transferred to finished goods inventory. the ending in..

Why do some groups distrust the white man : How have we used violence to separate "differences" in America? - Historically, why do some groups distrust the "white man"?

What is the company annual fixed general and selling : The following income statements are provided for Li Company's last two years of operation: 2012 2013 Number of units produced and sold 4,000 3,200 Sales revenue $59,200 $47,360 Cost of goods sold 29,000 25,000 Gross margin 30,200 22,360 General, sell..

User Account

All Pages