57. Maintenance costs at a Neller Corporation factory are listed below: Machine-Hours Maintenance Cost $26,825 $26,841 $26,532 February March . Аpril. Мay. June. July . August. September. October. 2,973 2,971 2,887 2,951 2,974 2,956 2,959 2,937 2,953 $26,744 $26,860 $26,766 $26,792 $26,713 $26,788 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Using the high-low method to estimate the variable and fixed components of this cost, these estimates would be closest to: A. $1.85 per machine-hour; $21,325 per month B. $3.77 per machine-hour; $15,648 per month C. $9.07 per machine-hour; $26,762 per month D. $0.27 per machine-hour; $26,071 per month

57. Maintenance costs at a Neller Corporation factory are listed below: Machine-Hours Maintenance Cost $26,825 $26,841 $26,532 February March . Аpril. Мay. June. July . August. September. October. 2,973 2,971 2,887 2,951 2,974 2,956 2,959 2,937 2,953 $26,744 $26,860 $26,766 $26,792 $26,713 $26,788 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Using the high-low method to estimate the variable and fixed components of this cost, these estimates would be closest to: A. $1.85 per machine-hour; $21,325 per month B. $3.77 per machine-hour; $15,648 per month C. $9.07 per machine-hour; $26,762 per month D. $0.27 per machine-hour; $26,071 per month

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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Subject: accounting
57. Maintenance costs at a Neller Corporation factory are listed below: Machine-Hours Maintenance Cost February March 2,973 $26,825 2,971 $26,841 2,887 2,951 $26,532 $26,744 $26,860 $26,766 $26,792 $26,713 $26,788 April. May June . 2,974 July. August . September. October.. 2,956 2,959 2,937 2,953 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Using the high-low method to estimate the variable and fixed components of this cost, these estimates would be closest to: A. $1.85 per machine-hour; $21,325 per month B. $3.77 per machine-hour; $15,648 per month C. $9.07 per machine-hour; $26,762 per month D. $0.27 per machine-hour; $26,071 per month
s1. The actual overhead cost incurred during the month was: s2. What is the total manufacturing cost recorded on Job 1536 for April?
2
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