1) Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year Month January February March Utilities S 8,700 8,360 Machine Hours 800 720 8,950 810 April May 9,360 920 950 9,625 June 9,150 900 The fixed utilities cost per month for Barkoff is: A) S4,400. B) $5,100. 9 $4,760. DJ $3,764.

1) Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year Month January February March Utilities S 8,700 8,360 Machine Hours 800 720 8,950 810 April May 9,360 920 950 9,625 June 9,150 900 The fixed utilities cost per month for Barkoff is: A) S4,400. B) $5,100. 9 $4,760. DJ $3,764.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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