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" ay Power Cost $28.390 36.069 32.895 26.235 23.890 20,700 Your answer is correct. Factory Machine Hours 15.800 ble power costs $ e high-low method of analyzing costs, answer the following questions and show computations to support your answers. extbook and Media 21,400 18.700 is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, eg 15.25) Your answer is incorrect. 15.100 13.500 10.500 High 1.41 per factory machine hour is the estimated foxed power cost each month? Low Attempts: 1 of 5 used

" ay Power Cost $28.390 36.069 32.895 26.235 23.890 20,700 Your answer is correct. Factory Machine Hours 15.800 ble power costs $ e high-low method of analyzing costs, answer the following questions and show computations to support your answers. extbook and Media 21,400 18.700 is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, eg 15.25) Your answer is incorrect. 15.100 13.500 10.500 High 1.41 per factory machine hour is the estimated foxed power cost each month? Low Attempts: 1 of 5 used

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 3P: Scattergraph method Using the data in P4-2 and a piece of graph paper: 1. Plot the data points on...
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Sunland Co. gathered the following information on power costs and factory machine usage for the last six months: Power Cost Factory Machine Hours $28,390 15,800 36,069 21,400 32,895 18,700 ITT 26,235 15,100 23,890 13,500 20,700 Month January February March April May June Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. (a) Your answer is correct. What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs $ (b) eTextbook and Media * Your answer is incorrect. 10.500 Fixed power costs What is the estimated fixed power cost each month? High 1.41 per factory machine hour 20,683 $ Low Attempts: 1 of 5 used
Transcribed Image Text:Sunland Co. gathered the following information on power costs and factory machine usage for the last six months: Power Cost Factory Machine Hours $28,390 15,800 36,069 21,400 32,895 18,700 ITT 26,235 15,100 23,890 13,500 20,700 Month January February March April May June Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. (a) Your answer is correct. What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Variable power costs $ (b) eTextbook and Media * Your answer is incorrect. 10.500 Fixed power costs What is the estimated fixed power cost each month? High 1.41 per factory machine hour 20,683 $ Low Attempts: 1 of 5 used
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