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Month January February March April May May June July August September October November December equired: . Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced. . Predict the energy cost for a month in which 30,000 pints of applesauce are produced. Required 1 Applesauce Produced Energy Cost 35,400 $ 23,800 21,400 22,500 22,400 22,400 24,400 22,850 23,300 11 30.400 30,400 32,400 23,750 40,400 28,400 23,200 30,400 30,400 23,400 28,400 23,100 41,400 24,500 39,400 25,350 Complete this question by entering your answers in the tabs below. Required 2 > Answer is complete but not entirely correct. Total energy cost = Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y= a + bx, where Y denotes energy cost for a month and X denotes pints of applesauce produced. Note: Round coefficient of X to 2 decimal places. $ 25,560 X $ 0.10 X

Month January February March April May May June July August September October November December equired: . Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bX, where Y denotes energy cost for a month and X denotes pints of applesauce produced. . Predict the energy cost for a month in which 30,000 pints of applesauce are produced. Required 1 Applesauce Produced Energy Cost 35,400 $ 23,800 21,400 22,500 22,400 22,400 24,400 22,850 23,300 11 30.400 30,400 32,400 23,750 40,400 28,400 23,200 30,400 30,400 23,400 28,400 23,100 41,400 24,500 39,400 25,350 Complete this question by entering your answers in the tabs below. Required 2 > Answer is complete but not entirely correct. Total energy cost = Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y= a + bx, where Y denotes energy cost for a month and X denotes pints of applesauce produced. Note: Round coefficient of X to 2 decimal places. $ 25,560 X $ 0.10 X

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Pints of Applesauce Produced 35,400 21,400 22,400 24,400 [1] 30,400 32,400 40,400 30,400 30,400 28,400 Month January February March April May June July August September October November December Required 1 Required 2 41,400 39,400 Energy Cost Total energy cost = $ 23,800 $ 22,500 22,400 22,850 23,300 23,750 28,400 23, 200 23,400 Required: 1. Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y= a + bX, where y denotes energy cost for a month and X denotes pints of applesauce produced. 2. Predict the energy cost for a month in which 30,000 pints of applesauce are produced. 23,100 24,500 25,350 Complete this question by entering your answers in the tabs below. X Answer is complete but not entirely correct. Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bx, where Y denotes energy cost for a month and X denotes pints of applesauce produced. Note: Round coefficient of X to 2 decimal places. 25,560 + $ 0.10 X
Transcribed Image Text:Pints of Applesauce Produced 35,400 21,400 22,400 24,400 [1] 30,400 32,400 40,400 30,400 30,400 28,400 Month January February March April May June July August September October November December Required 1 Required 2 41,400 39,400 Energy Cost Total energy cost = $ 23,800 $ 22,500 22,400 22,850 23,300 23,750 28,400 23, 200 23,400 Required: 1. Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y= a + bX, where y denotes energy cost for a month and X denotes pints of applesauce produced. 2. Predict the energy cost for a month in which 30,000 pints of applesauce are produced. 23,100 24,500 25,350 Complete this question by entering your answers in the tabs below. X Answer is complete but not entirely correct. Use the high-low method to estimate the company's energy cost behavior and express it in equation form. Use the formula Y = a + bx, where Y denotes energy cost for a month and X denotes pints of applesauce produced. Note: Round coefficient of X to 2 decimal places. 25,560 + $ 0.10 X
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