X Industries electricity costs and machine hours over a nine-month period follow: Month Machine hours Cost April 21,000 P9,750 May 34,000 14,300 June 68,000 20,700 July 49,000 19,550 August 25,000 11,150 September 30,000 12,900 October 24,000 10,800 November 18,000 8,200 December 48,000 22,000 Using high-low method, what would be the total cost if the company utilized 42,000 hours? SHOW SOLUTION If the relevant range is from 20,000 to 50,000 machine hours, using high-low method, what would be the total cost if the company utilized 40,000 hours? SHOW SOLUTION

X Industries electricity costs and machine hours over a nine-month period follow: Month Machine hours Cost April 21,000 P9,750 May 34,000 14,300 June 68,000 20,700 July 49,000 19,550 August 25,000 11,150 September 30,000 12,900 October 24,000 10,800 November 18,000 8,200 December 48,000 22,000 Using high-low method, what would be the total cost if the company utilized 42,000 hours? SHOW SOLUTION If the relevant range is from 20,000 to 50,000 machine hours, using high-low method, what would be the total cost if the company utilized 40,000 hours? SHOW SOLUTION

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6PA: Gent Designs requires three units of part A for every unit of Al that it produces. Currently, part A...

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