GIVEN THE FOLLOWING COST AND ACTIVITY OBSERVATIONS FOR RIVERSIDE MANUFACTURING'S UTILITIES, USE THE HIGH-LOW METHOD TO CALCULATE RIVERSIDE'S FIXED COSTS PER MONTH. MONTH COST MACHINE HOURS JANUARY $95,000 8,500 FEBRUARY $150,000 18,000 MARCH $120,000 12,000 APRIL $130,000 15,000 A. $27,605 B. $35,825 c. $15,301 D. $45,785

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 1CE: The expected costs for the Maintenance Department of Stazler, Inc., for the coming year include:...
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Calculate reverside fixed cost per month? General accounting

GIVEN THE FOLLOWING COST AND ACTIVITY OBSERVATIONS FOR RIVERSIDE
MANUFACTURING'S UTILITIES, USE THE HIGH-LOW METHOD TO CALCULATE
RIVERSIDE'S FIXED COSTS PER MONTH.
MONTH
COST
MACHINE HOURS
JANUARY $95,000
8,500
FEBRUARY $150,000 18,000
MARCH
$120,000 12,000
APRIL
$130,000 15,000
A. $27,605
B. $35,825
c. $15,301
D. $45,785
Transcribed Image Text:GIVEN THE FOLLOWING COST AND ACTIVITY OBSERVATIONS FOR RIVERSIDE MANUFACTURING'S UTILITIES, USE THE HIGH-LOW METHOD TO CALCULATE RIVERSIDE'S FIXED COSTS PER MONTH. MONTH COST MACHINE HOURS JANUARY $95,000 8,500 FEBRUARY $150,000 18,000 MARCH $120,000 12,000 APRIL $130,000 15,000 A. $27,605 B. $35,825 c. $15,301 D. $45,785
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