Lawn Cut Perfection provided data concerning the costs incurred to mow residential lawns for which customers pay $45 per mowing. Data for the past 7 months are as follows: January February March April May June July Number of lawns 200 110 150 100 220 120 210 mowed Mowing cost $12,900 $8,120 $10,200 $8,200 $13,060 $8,400 $13,280 How much are the estimated monthly fixed costs using the high-low method? A. $3,180. B. $4,150. C. $2,444. D. $8,200.
Lawn Cut Perfection provided data concerning the costs incurred to mow residential lawns for which customers pay $45 per mowing. Data for the past 7 months are as follows: January February March April May June July Number of lawns 200 110 150 100 220 120 210 mowed Mowing cost $12,900 $8,120 $10,200 $8,200 $13,060 $8,400 $13,280 How much are the estimated monthly fixed costs using the high-low method? A. $3,180. B. $4,150. C. $2,444. D. $8,200.
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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Transcribed Image Text:Lawn Cut Perfection provided data concerning the costs incurred to mow
residential lawns for which customers pay $45 per mowing. Data for the
past 7 months are as follows:
January February March April
May
June
July
Number
of lawns 200
110
150
100
220
120
210
mowed
Mowing
cost
$12,900 $8,120 $10,200 $8,200 $13,060 $8,400 $13,280
How much are the estimated monthly fixed costs using the high-low
method?
A. $3,180.
B. $4,150.
C. $2,444.
D. $8,200.
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