Uses the high-low method to analyze cost behavior

Assignment Help Financial Accounting

Reference no: EM131220481

Northlake, Inc., uses the high-low method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, total maintenance costs averaged $10.50 per hour. When activity jumped to 24,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $9.75. On the basis of this information, the company's fixed maintenance costs were:

Reference no: EM131220481

Questions Cloud

Universities increases at times of economic recession : Explain why the enrollment in colleges and universities increases at times of economic recession. Make a distinction between explicit and implicit costs in your explanation.

Audit of the financial statements of an entity : A CPA has conducted an audit of the financial statements of an entity that received federal financial assistance. The CPA identified one major federal program and four nonmajor federal programs. The CPA’s responsibility related to the Schedule of Exp..

Create a traditional flipbook animation : Create a traditional fl ipbook animation. With a note pad bound at the top, draw a series of contour line sketches on the bottom third of each page.

Compute mydecos pe ratio each year from 2009 to 2013 : Compute Mydeco's PE ratio each year from 2009 to 2013. In which year was it the highest? - What was Mydeco's Enterprise Value to EBITDA ratio each year? In which year was it the highest?

Uses the high-low method to analyze cost behavior : Northlake, Inc., uses the high-low method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, total maintenance costs averaged $10.50 per hour. When activity jumped to 24,000 machine hours, which was still within ..

Implement and test the human resource information system : Assignment C# Application & Test Report - As part of your development efforts you will prepare and apply a small collection of test cases to verify that the completed application meets some of the key requirements agreed with the client - Your smal..

Uses the high-low method to analyze costs : Swanson and Associates presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Swanson made 7,000 copies and paid a total of $360 in March; in May, the firm paid $280 for 5,000 copies...

Identify a perceptual map : Prepare a perceptual map for your chosen product/brand and using a minimum of seven competitors, rank each product/brand on the two variables based on how they are positioned in the consumers' minds.

Create contour sketches of both objects by tracing : Tracing paper may be useful for some parts of the drawing. This process is commonly referred to as morphing.

User Account

All Pages