Aprir May T0,000 40,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the high-low method, what is the unit variable cost? * O $21 O $19 O $21.5 O None of the above Based on the above, using the high-low method, the estimated fixed cost element is: * $8,000 $3,000 $9,000 None of the above

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 10CE: Selected activities and other information are provided for Patterson Company for its most recent...
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Aprir
Мay
T0,000
340,000
24,000
464,000
June
22,000
420,000
Based on the above, in applying the high-low method, what is the unit variable
cost? *
$21
$19
$21.5
O None of the above
Based on the above, using the high-low method, the estimated fixed cost
element is: *
$8,000
$3,000
$9,000
O None of the above
Based on the above, using the high-low method, determine an estimate of total
Transcribed Image Text:Aprir Мay T0,000 340,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the high-low method, what is the unit variable cost? * $21 $19 $21.5 O None of the above Based on the above, using the high-low method, the estimated fixed cost element is: * $8,000 $3,000 $9,000 O None of the above Based on the above, using the high-low method, determine an estimate of total
dJBrlzigKNylA/formResponse
Use the following to answer the questions below
X Company accumulates the following data about maintenance costs, a mixed
cost, using miles as the activity level:
Miles
Maintenance Cost
January
February
10,000
190,000
7,000
141,000
March
17,000
335,000
April
May
18,000
340,000
24,000
464,000
June
22.000
420,000
Based on the above, in applying the high-low method, what is the unit variable
Transcribed Image Text:dJBrlzigKNylA/formResponse Use the following to answer the questions below X Company accumulates the following data about maintenance costs, a mixed cost, using miles as the activity level: Miles Maintenance Cost January February 10,000 190,000 7,000 141,000 March 17,000 335,000 April May 18,000 340,000 24,000 464,000 June 22.000 420,000 Based on the above, in applying the high-low method, what is the unit variable
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