If maintenance hours in october are expected to be 3000

Assignment Help Accounting Basics
Reference no: EM13576679

X Company uses the high-low method to predict maintenance costs each month, with maintenance hours as the activity measure. The following past monthly cost and activity information is available:

Month cost Hours

May $5405 1300

June $8720 3250

July $10505 4300

August $9570 3750

If maintenance hours in October are expected to be $3,000, what are total fixed maintenance costs expected to be (round unit costs to the nearest cent)?

Reference no: EM13576679

Questions Cloud

Norr and caylor established a partnership on january 1 2013 : norr and caylor established a partnership on january 1 2013. norr invested cash of 100000 and caylor invested 30000 in
The capital project fund has just been created to account : the capital project fund has just been created to account for resources received and expended for the construction of a
X company uses account analysis to estimate total overhead : x company uses account analysis to estimate total overhead costs for each month. in may when production was 1200 units
Corky motors is in its first year of operations and as of : corky motors is in its first year of operations and as of december 30 has total revenues of 5 million projected net
If maintenance hours in october are expected to be 3000 : x company uses the high-low method to predict maintenance costs each month with maintenance hours as the activity
In 2013 x companys revenue was 206100 its total variable : in 2013 x companys revenue was 206100 its total variable costs were 121050 and its fixed costs were 91300. assume that
Lichty car wash has some equipment that needs to be rebuilt : lichty car wash has some equipment that needs to be rebuilt or replaced. the following information has been gathered
Weaver companys predetermined overhead rate is 2000 per : weaver companys predetermined overhead rate is 20.00 per direct labor-hour and its direct labor wage rate is 13.00 per
X company manufactures a single product and estimates its : x company manufactures a single product and estimates its direct manufacturing costs each month. it is estimated that

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