Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent.   Cost Machine Hours March $3,042       15,473       April 2,687       9,834       May 2,869       11,801       June 3,639       17,923       a.$0.55 b.$0.59 c.$1.29 d.$0.12

Q: The electricity costs and machine hours for a period of 6 months are as follows…

A:

Q: The controller of Cullumber Production has collected the following monthly cost data for analyzing…

A: VARIABLE COST Variable Cost is a cost that varies with the level of output.variable costs include…

Q: DoKnow Co. like to estimate the variable and fixed cost components of its maintenance cost and has…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Question 3 0113 Compute the variable cost per mile using the high-low method. (Round answer to 2…

A: High low method is one of the method used for cost estimation. Under this, total fixed costs and…

Q: Lichtenstein Imports needs to determine the variable utilities rate per machine hour in order to…

A: High low method The fixed and variable elements of a mixed cost can be separated using the high-low…

Q: Aprir May T0,000 40,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the…

A: The question is related to high low method The to segregate Semi Variable Cost into Variable Cost…

Q: Given the following cost and activity observations for Bounty Company's utilities, use the high-low…

A: High Low Method of Variable Utility Cost -The High-low method is a method used to separate costs.…

Q: The controller of Carla Vista Industries has collected the following monthly cost data for use in…

A: Step 1: In the high-low method, Variable cost per unit is calculated by dividing the difference in…

Q: sales required in rials to earn net income

A: Sales required to earn desired income = (Fixed costs + Desired income)/Contribution margin ratio…

Q: The controller of Norton Industries has collected the following monthly expense data for use in…

A: High low method: Variable cost per hour= (Highest activity cost - Lowest activity cost) / (Highest…

Q: Given the folloviing cost and activity observations for Smithson Company's utilities, use the…

A: j

Q: The controller of Rather Production has collected the following monthly expense data for analyzing…

A: Variable cost is the cost that changes with change in the activity of cost driver used. The variable…

Q: 7. If the company will use 230 hours labor hours in July, what would be the total predicted cost of…

A: The solution has been provided for the questions which have been asked by the student which are the…

Q: The Sunland Law Office has the following monthly telephone records and costs: Calls Costs 7,700…

A: Mixed cost problems are solved using the High -Low-cost method. Variable and fixed costs are…

Q: Bayshore, Incorporated, has collected the following cost data for various levels of activity: Month…

A: The total costs incurred by the organizations for the production of goods are classified as…

Q: s Exercise 2-5 Fixed and Variable Costs [LO5] Mike's Radiator Services specializes in the repair and…

A: Variable cost is the cost that changes with change in activity of cost driver used. The variable…

Q: The controller of Norton Industries has collected the following monthly expense data for use in…

A: Compute the variable costs per machine hour using high low method:

Q: Using the high-low method, how much is the electricity costs if the actual machine hours used is…

A: Solution:- Calculation of the  electricity costs if the actual machine hours used is 2,800 as…

Q: 2. Tech Company has the following data for its maintenance costs: month  Total Maintenance Costs…

A: Firstly we will find the highest and lowest activity costs from the table:- Months Total…

Q: The controller of Crane Production has collected the following monthly cost data for analyzing the…

A: Mixed-cost problems are solved using the High -Low-cost method. Variable cost per unit = (Highest…

Q: Occupancy- Electrical Days 3,608 186 Costs High activity level (August) .. Low activity level…

A: Change in cost at different level of activity is only because of the variable cost.

Q: The controller of Crane Production has collected the following monthly cost data for analyzing the…

A: Usually, businesses aim to comprehend the cost framework of the items they produce. As a result,…

Q: Given the following cost and activity observations for Wondrous Company's utilities, use the…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: Using the high-low method, how much is the electricity costs if the actual machine hours used is…

A: Variable cost means the cost which vary with the level of output where as fixed cost remains fixed…

Q: Sheridan Company accumulates the following data concerning a mixed cost, using miles as the activity…

A: High low method is one of the method used for cost estimation. Under this, total fixed costs and…

Q: The following information relates to mixed costs, using miles as the activity level. July August…

A: The costs incurred for production are classified as fixed and variable costs.The high-low method is…

Q: Want Correct Answer with calculation and explanation

A: Let's address the two problems step by step.### Problem 1: Bruno Company**a. Compute the variable…

Q: Need help with this Question provide Answer

A: Total CostProduction January$437,7602,090 Units←LowestFebruary$458,6803,670 Units March$680,9605,890…

Q: The controller of Hall Industries has collected the following monthly expense data for use in…

A: A variable cost is a business expense that varies with how much a company produces or sells.…

Q: Given the following costs and activities for Dance Company's electrical costs, use the high-low…

A: Businesses need to understand variable costs since they directly affect the cost of producing each…

Q: Given the following cost and activity observations for Smithson Company's utilities, use the…

A: The high-low method is used to calculate variable and fixed costs from a semi-variable cost.…

Q: The controller of Hall Industries has collected the following monthly expense data for use in…

A: Since you have asked multiple question, we will solve first part of question for you.High- Low…

Q: The controller of Sheridan Industries has collected the following monthly cost data for use in…

A: Variable cost is the cost that changes with change in the activity of cost driver used. The variable…

Q: Current Attempt in Progress In Robert's manufacturing plant, the estimated monthly overhead cost…

A: Based on the provided information about Robert's manufacturing plant's overhead cost function:(a)…

Q: c) If it is estimated that 13,800 factory machine hours will be run in July, what is the expected…

A: High-low method is one of the techniques that is used to separate fixed and variable components from…

Q: After much effort and analysis, you determined the following cost form the following actual cost…

A: A income or spending item in the variable cost and a comparable item in the static planning budget…

Q: Calculating and Using a Single Charging Rate The expected costs for the Maintenance Department of…

A: Under Traditional costing system, overheads are allocated to the products on some predetermined…

Q: A C. D MVP, Inc. Income Statement For the Year Ended December 31, 2021 Sales $ 375,000 Cost of Goods…

A: Income statement: Income statement as a part of financial statement that presents the organization's…

Q: Finch Company's cost and production data for two recent months included the following: April 1,000…

A: Variable cost remains constant per unit and fixed cost will changes per unit.Fixed cost will remain…

Q: need correct help with explanation computation formula

A:

Q: Given the following costs and activities for Downing Company electrical costs, use the high-low…

A: Overheads- These are the expenses that are incurred within the process of production other than…

Q: TOI Dwing data relate company for the last six months of 2010:- Months Activity level- hours (X)…

A: As per high low method of cost estimation : Variable cost pu = highest activity cost - lowest…

Q: solve this one please

A: Step 1: Introduction to the High-Low Method:The high-low method is one of the two methods usually…

Q: Berry Enterprises, which uses the high-low method to analyze cost behavior, has determined that…

A: The total costs of production are classified as the fixed and variable costs. The high-low method is…

Q: Hi Tutor Please provide Solutions

A: Step 1: Introduction to High-Low Method ExampleHigh-Low method is a managerial accounting and…

Q: hour at each level of activity. c. Tom’s employees usually work 350 direct labor hours per month.…

A: A flexible budget refers to the form of the budget which reflects different volumes of sales and…

Q: The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost…

A: Formula: Variable cost per unit = ( High cost - low cost ) / ( Higher production units - lower…