Question no. 11: solved: The following are the maintenance costs of Al-Aqsa Trading Company during the first four months of the year2022 maintenance costs. month maintenance hours 8 9 10 11 5000 7100 8000 6200 7400 8500 9800 7000 Required: use high- the low method to determine the cost equation and estimate the maintenance costs at the level of 9000 hours for the month of 12/2022 Solution: use the following steps: 90 % 1. Determine the highest-lowest level of activity and then determine the opposite costs 2. Determine the variable cost (slope) 3. Determine fixed cost. 4. Determine the cost equation. 5. Predict cost at 9000 hours for 12/2022.

Question no. 11: solved: The following are the maintenance costs of Al-Aqsa Trading Company during the first four months of the year2022 maintenance costs. month maintenance hours 8 9 10 11 5000 7100 8000 6200 7400 8500 9800 7000 Required: use high- the low method to determine the cost equation and estimate the maintenance costs at the level of 9000 hours for the month of 12/2022 Solution: use the following steps: 90 % 1. Determine the highest-lowest level of activity and then determine the opposite costs 2. Determine the variable cost (slope) 3. Determine fixed cost. 4. Determine the cost equation. 5. Predict cost at 9000 hours for 12/2022.

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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