Washington Accounting, Inc. has the following information on the company's utility cost for the first four months of the year. Month Utility cost $25,600 January February $24,000 March $42,000 April $40,000 Using the high-low method, the total utility cost estimate when the company uses 1.200 machine hours is: None of these $30,000. O $31,200. O $34,400. O $34,200. Machine Hours 800 750 1,650 1,750 Washington Accounting, Inc. has the lowing information on the company's unity cost for the first four months of the parUity cost1325.000324.000$42.000$40.000MirthJanuaryFebruaryMarchAprUsing the tighine method, the star uity cod estimate when the company e 1200 machee hoursNone of these10000Ⓒ$31,200$34.400$4,200OPORErso1,800

Total cost means the total amount of money incurred by the entity on the making of goods. It…

Answered: Washington Accounting, Inc. has the…

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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Washington Accounting, Inc. has the following information on the company's utility cost for the first four months of the year. Month Utility cost $25,600 January February $24,000 March $42,000 April $40,000 Using the high-low method, the total utility cost estimate when the company uses 1.200 machine hours is: None of these $30,000. O $31,200. O $34,400. O $34,200. Machine Hours 800 750 1,650 1,750

Washington Accounting, Inc. has the lowing information on the company's unity cost for the first four months of the par
Uity cost
1325.000
324.000
$42.000
$40.000
Mirth
January
February
March
Apr
Using the tighine method, the star uity cod estimate when the company e 1200 machee hours
None of these
10000
Ⓒ$31,200
$34.400
$4,200
O
POR
Erso
1,800

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