Chapter 5, Problem 5.16E

At the high level of activity in November, 10,300 machine hours were run and power costs were $20,600. In April, a month of low activity, 3,800 machine hours were run and power costs amounted to $8,000. Using the high-low method, the estimated fixed cost element of power costs is __.

Zep Co. manufactures home appliances. During the most productive month of the year, 3,800 refrigerators were manufactured at a total cost of $342,000. In its slowest month, the company made 1,200 refrigerators at a cost of $174,000. Using the high-low method of cost estimation, determine the total fixed costs.

Please provide correct solution and accounting question

Sunnylade electr

General accounting

Solve this MCQ

Can you guide me through solving this financial accounting problem using proper techniques?

Financial accounting

Please see an attachment for details financial accounting question do fast