User Account

All Pages

How to estimate both the fixed and variable components

Assignment Help Cost Accounting
Reference no: EM132583022

The following information is available for a company's maintenance cost over the last seven months.

Question 1: Using the high-low method, estimate both the fixed and variable components of its maintenance cost.

Month Maintenance Hours Maintenance Cost

June. . . . . . . . . . . . . . 9 $5,450

July . . . . . . . . . . . . . . 18 6,900

August . . . . . . . . . . . 12 5,100

September . . . . . . . . 15 6,000

October . . . . . . . . . . 21 6,900

November . . . . . . . . 24 8,100

December . . . . . . . . 6 3,600

Reference no: EM132583022

Questions Cloud

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
Develop the Violations of Policy section of your ISP : Task - Develop the Violations of Policy section of your ISP. Develop the section on Violations of Policy which describes the penalties for violating policy
Gathering demographics to setup new hospital : Your hospital is considering opening a satellite urgent care center about five miles from your main campus.
Why is the demand for healthcare products usually inelastic : Why is the demand for healthcare products usually inelastic? Why is the demand for an individual firm's healthcare products usually elastic?
How to estimate both the fixed and variable components : How to estimate both the fixed and variable components of its maintenance cost. The information is available for a company maintenance cost
Project procurement legal rights and responsibilities : Discuss the legal aspects involved with contract management and closure. Document what might be terms for contract termination by either the seller or buyer.
Write essay on impact of social media to American community : Assignment - Write an essay about impact of social media to American community. Has social media exacerbated this loss of community
Determine its break-even point in both sales units : If the company continues to use the old material, determine its break-even point in both sales units and sales dollars of each individual product.
Calculate the variation of the standard cost of materials : Calculate the variation of the standard cost of materials, if the standard specification sheet showed the Materials Quantity Total Value

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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