Tech Manufacturing has the following data for the past six months: Month Total Overhead Machine Hours July $12,500 4,000 Aug $13,200 4,400 Sept $11,800 3,600 Oct $12,900 4,200 Nov $11,500 3,500 Dec $13,500 4,500 Using the high-low method, calculate the variable overhead cost per machine hour. A. $2.00 B. $1.80 C. $2.20 D. $2.40
Tech Manufacturing has the following data for the past six months: Month Total Overhead Machine Hours July $12,500 4,000 Aug $13,200 4,400 Sept $11,800 3,600 Oct $12,900 4,200 Nov $11,500 3,500 Dec $13,500 4,500 Using the high-low method, calculate the variable overhead cost per machine hour. A. $2.00 B. $1.80 C. $2.20 D. $2.40
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 10E: SmokeCity, Inc., manufactures barbeque smokers. Based on past experience, SmokeCity has found that...
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