A BCD C Using the high-low method, estimate variable cost per unit and total fixed cost Highest Lowest Activity $128,000 $68,000 $60,800 Cost $72,800.00 $66,800.00 $6,000.00 $12,800.00 $60,000.00 Change Variable Cost/Unit of Activity Fixed Cost Using the results of A, express the overtime wages as an equation where x represents the number of invoices processed Predict the maintenance costs if 90,000 gallons of paint are produced. Predict the maintenance costs if 81,000 gallons of paint are produced. f paint produced $69,000.00 $68,100.00
A BCD C Using the high-low method, estimate variable cost per unit and total fixed cost Highest Lowest Activity $128,000 $68,000 $60,800 Cost $72,800.00 $66,800.00 $6,000.00 $12,800.00 $60,000.00 Change Variable Cost/Unit of Activity Fixed Cost Using the results of A, express the overtime wages as an equation where x represents the number of invoices processed Predict the maintenance costs if 90,000 gallons of paint are produced. Predict the maintenance costs if 81,000 gallons of paint are produced. f paint produced $69,000.00 $68,100.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Hi, I did two mistake in my homwork but i don't understand where I went wrong. Could you coorect the two place where tehre is a 0. thank you.
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A
B
C
D
Using the high-low method, estimate variable cost per unit and total fixed
cost
Highest
Lowest
Activity
$128,000
$68,000
$60,800
Cost
$72,800.00
$66,800.00
$6,000.00
$12,800.00
$60,000.00
Change
Variable Cost / Unit of Activity
Fixed Cost
Using the results of A, express the overtime wages as an equation where x
represents the number of invoices processed
Predict the maintenance costs if 90,000 gallons of paint are produced.
Predict the maintenance costs if 81,000 gallons of paint are produced.
f paint produced
$69,000.00
$68,100.00
1
1
0
1
1
1
1
1
1
0
1
Transcribed Image Text:1
2
3
The cost data for Evencoat Paint for the year 2019 is as follows:
4
5
Month
Jan
Feb
6
Mar
7
Apr
8 May
9
Jun
10
Jul
11
Aug
12 Sep
13
Oct
14 Nov
15
Dec
16
Gallons of Paint
Produced
110,000
68,000
71,000
77,000
95,000
101,000
125,000
95,000
95,000
89,000
128,000
122,000
Equipment
Maintenance
Expense
$70,700.00
$66,800.00
$67,000.00
$68,100.00
$69,200.00
$70,300.00
$70,400.00
$68,900.00
$69,500.00
$68,600.00
$72,800.00
$71,450.00
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