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.
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 3P: Scattergraph method Using the data in P4-2 and a piece of graph paper: 1. Plot the data points on...
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