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Using the high-low method, the utilities cost associated with 980 machine 1 point hours would be: Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The following data being avalable for the first six months of the year: Month January February Utes PR700 60 8,950 Machine Hours 800 720 March 810 April May 9,660 920 9,625 9,150 950 June 900 P10,050. P9,670. P9,630. P9,790.

Using the high-low method, the utilities cost associated with 980 machine 1 point hours would be: Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The following data being avalable for the first six months of the year: Month January February Utes PR700 60 8,950 Machine Hours 800 720 March 810 April May 9,660 920 9,625 9,150 950 June 900 P10,050. P9,670. P9,630. P9,790.

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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Using the high-low method, the utilities cost associated with 980 machine 1 point hours would be: Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The following data being avallable for the first six months of the year: Utilities P8,700 8,360 8,950 9,660 9,625 9,150 Machine Hours 800 Month January February March 720 810 April May 920 950 June 900 P10,050. P9,670. P9,630. P9,790.
Transcribed Image Text:Using the high-low method, the utilities cost associated with 980 machine 1 point hours would be: Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The following data being avallable for the first six months of the year: Utilities P8,700 8,360 8,950 9,660 9,625 9,150 Machine Hours 800 Month January February March 720 810 April May 920 950 June 900 P10,050. P9,670. P9,630. P9,790.
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