Question: The number of X-rays and X-ray costs over the last nine months in Beverly Hospital are given below: X-Ray Costs X-Rays Taken Month January $28,000 6,250 February 29,000 7,000 March 23,000 5,000 April 20,000 4,250 May 22,000 4,500 June 17,000 3,000 July 18,000 3,750 August 24,000 5,500 September 26,000 5,750 Beverly Hospital expects to take 4,700 X-rays during October. Using the high-low method, calculate Beverly Hospital's expected X-ray cost for October. Do not use decimals in your answer.
Question: The number of X-rays and X-ray costs over the last nine months in Beverly Hospital are given below: X-Ray Costs X-Rays Taken Month January $28,000 6,250 February 29,000 7,000 March 23,000 5,000 April 20,000 4,250 May 22,000 4,500 June 17,000 3,000 July 18,000 3,750 August 24,000 5,500 September 26,000 5,750 Beverly Hospital expects to take 4,700 X-rays during October. Using the high-low method, calculate Beverly Hospital's expected X-ray cost for October. Do not use decimals in your answer.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter3: Cost Behavior And Cost Forecasting
Section: Chapter Questions
Problem 6MCQ
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