Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows: January February March April May June July Number of rooms cleaned 250 160 200 150 270 170 260 Cleaning cost $6,450 $4,060 $5,100 $4,100 $6,880 $4,200 $6,530 How much are estimated monthly variable costs using the high-low method? Round to two decimal places.
Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows: January February March April May June July Number of rooms cleaned 250 160 200 150 270 170 260 Cleaning cost $6,450 $4,060 $5,100 $4,100 $6,880 $4,200 $6,530 How much are estimated monthly variable costs using the high-low method? Round to two decimal places.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
Section: Chapter Questions
Problem 27E: Alard Manufacturing Company has a billing department staffed by four billing clerks. Each clerk is...
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Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows:
January | February | March | April | May | June | July | |
Number of rooms cleaned | 250 | 160 | 200 | 150 | 270 | 170 | 260 |
Cleaning cost | $6,450 | $4,060 | $5,100 | $4,100 | $6,880 | $4,200 | $6,530 |
How much are estimated monthly variable costs using the high-low method?
Round to two decimal places.
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