The following data pertain to activity and utility costs for two recent years: Year 2 Year 1 Activity Level in Units 12,000 7,000 Utilities Cost $15,000 $10,500 Using the high-low method, what is the cost formula for utilities?

52. The following data pertains to activity and utility costs for two recent years: Year 2 Year 1 Activity level in units. Utilities cost. 12,000 8,000 $15,000 $12,000 Using the high-low method, the cost formula for utilities is: A. $1.50 per unit B. $8,000 plus $0.50 per unit C. $1.25 per unit D. $6,000 plus $0.75 per unit

1. (Give workings for your answer) The following data pertains to activity and utility cost for two recent periods: Activity level (units) 8,000 5,000 Utility cost $8,000 $6,500 Utility cost is a mixed cost with both fixed and variable components. Using the high-lowmethod, the cost formula for utility cost is:A. Y = $1.00 XB. Y = $1.25 XC. Y = $4,000 + $0.50 XD. Y = $1,500 + $1.25 X

1. The following data pertains to activity and utility cost for two recent periods:Activity level (units) 8,000 5,000Utility cost $8,000 $6,500Utility cost is a mixed cost with both fixed and variable components. Using the high-lowmethod, the cost formula for utility cost is:A. Y = $1.00 XB. Y = $1.25 XC. Y = $4,000 + $0.50 XD. Y = $1,500 + $1.25 X

Given the following cost and activity observations for Leno Enterprises'utilities, use the high-low method to calculate Leno's variable utilities cost permachine hour. Cost Machine HoursSeptember £4,100 22,000October £3,700 18,000November £3,900 19,000December £4,500 28,000a) £0.08b) £4.86c) £0.25d) £12.50

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 $3,002       15,174       April 2,664       9,624       May 2,823       12,276       June 3,621       17,777       a.$1.17 b.$0.70 c.$0.66 d.$0.12

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 $3,142 15,489 April 2,691 10,041 May 2,810 11,509 4 June 3,881 18,009 a. $0.15 b. $1.05 O c. $1.64 Od. $1.01 10:21 PM 670002 K 63°F

What was the fixed cost associated with the utility bill?

Rr.3.

how do I explain this? Metric                                                        Score                               Percent of Total Possible             Contribution Margin                                       4.7                                      /5      Plant Utilization                                             5.0                                      /5 Days of Working Capital                                5.0                                      /5      Stock-out Costs                                              5.0                                     /5         Inventory Carrying Costs                                3.6                                     /5 Overall  Score                                                 23.3                                  /25