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...
icon
Related questions
Question

Hi expert please give me answer general accounting question

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
Transcribed Image Text: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
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning