Don't use ai Max Delivery Services applied the high-low method of costestimation to delivery data for the first four months of 2025. Whatis the estimated variable delivery cost component per delivery?MonthDeliveries CostJanuary 2,000$6,400February 2,500$7,250March3,000$8,000April3,500$8,750

Explanation of High-Low Method:The high-low method is a cost estimation technique used to separate…

Answered: Max Delivery Services applied the…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...

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Recent IT costs incurred each month at the head office of Dawn Ltd are detailed below. Apply the high/low method to establish how the cost behave and then select the correct prediction of cost for a month in which 770 client projects will be completed by the company month Number of clients project IT cost (£) 1 730 £116150 2 800 £123000 3 625 £112500 4 790 £120980 a. £94,200 b. £121,200 c. £122,000 d. £119,780
Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Periods Total Cost No.of Units January February 23,000 200 24,550 230 March 25,800 260 April 27,650 300 May 29,280 340 June 30,300 360 July 31,550 390 Select one: O a. Y=14000+45*X O b. Y=19000+25*X O CY=15000+55*X O d. Y=12500+-40*X
H1.
The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method, express the companys overtime wages as an equation where x represents number of invoices processed. Assume BC has monthly fixed costs of $3,800. Predict the overtime wages if 9,000 invoices are processed. Predict the overtime wages if 6,500 invoices are processed. Using Excel, create a scatter graph of the cost data and explain the relationship between the number of invoices processed and overtime wage expense.
Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What is the cost formula for monthly shipping cost? Identify the independent variable, the dependent variable, the fixed cost per month, and the variable rate.
The cost data for BC Billing Solutions for the year 2020 is as follows: A. Using the high-low method, express the company’s overtime wages as an equation wherexrepresents number of invoices processed. Assume BC has monthly fixed costs of $3,800. B. Predict the overtime wages if 9,000 invoices are processed. D. Using Excel, create a scatter graph of the cost data and explain the relationship between the number of invoices processed and overtime wage expense.
General Accounting
Assume the local DHL delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2012 556,000 $182,000 2013 684,000 214,000 Use the high-low method to develop a cost-estimating equation for total annual operating costs. (Let X = annual fleet miles.) Total annual costs = $0 +$ 0
Using 0 & 3,000 patient-days, variable cost per patient-day would be: a.$5.00 b.$10.00 c.$6.67 d.$7.17
Assume that a company provided the following cost formulas for three of its expenses (where q refers to the number of hours worked): Rent (fixed) Supplies (variable) Utilities (mixed) $ 4.009 $150 + $0.75q The company's planned level of activity was 2,110 hours and its actual level of activity was 1,850 hours. How much supplies expense would be included in the planning budget? Multiple Choice C $7,840 $8,140 $8,340 $ 3,000 $8,440
Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total Cost Month Units Sold Total Cost 123456 1 320,000 $160,000 7 340,000 $220,000 160,000 100,000 8 280,000 160,000 3 280,000 220,000 9 80,000 64,000 200,000 100,000 10 160,000 140,000 300,000 230,000 11 100,000 100,000 6 200,000 120,000 12 110,000 80,000 2. Predict future total costs when sales volume is (a) 200,000 units and (b) 300,000 units. Sales (units) Variable costs Fixed costs Total Predictions 200,000 0 300,000
If the indirect costs for each duration are $300 for 27 weeks, $240 for 26 weeks, $180 for 25 weeks, $120 for 24 weeks, $60 for 23 wowowo (weeks, and $50 for 22 weeks, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time INCONDUGULILE T DONDO schedule? waiting thalin www.tomamilionima Ellenton Act. = m ---- B Crash Cost (Slope) 80 30 40 50 100 30 Maximum Crash Time Normal Time 23124= 10 855560 15 Normal Cost 40 10 80 51 50 TUT 100 20 $300 Time unit 1 wook

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Max Delivery Services applied the high-low method of cost estimation to delivery data for the first four months of 2025. What is the estimated variable delivery cost component per delivery? Month Deliveries Cost January 2,000 $6,400 February 2,500 $7,250 March 3,000 $8,000 April 3,500 $8,750