high low method machine hours

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Find the fixed cost 3. Fixed cost 105450 7497 x 1000 30480.

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The high-low method involves taking the.

. High Low Method of Machine. High Low Method of Machine Hours 8000 10000 11000 9000 14000 12000 Total Maintenance Costs 600000 640000 800000 700000 900000 870000 Required. Machine Hours 9000 3000 6000 Highest Lowest Difference Utility Cost 1960 880 1080 a.

90000 110000 130000 150000 100000 120000 140000 160000 180000 200000 220000 240000 260000 280000 300000 Machine-Hours Maintenance Costs Solution. Use High and low method to estimate Variable cost per unit 2. Solve Y if x 13000 machine hours.

Barkoff Enterprises which uses the high-low method to analyze cost behavior has determined that machine hours best explain the companys utilities cost. A manufacturing company estimates semi-variable costs by using the high-low method with machine hours as the cost driver. Using either the high or low activity cost should yield approximately the same fixed cost value.

In cost accounting a way of attempting to separate out fixed and variable costs given a limited amount of data. View high low methoddocx from BSMA 401 at STI College multiple campuses. Note that our fixed cost.

The companys relevant range of. State the cost function 4. Recent data are shown below.

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Solved Question Abc Company Incurred The Following Maintainance Costs During The Past Months Table Months Machine Hours 2200 1000 1200 16uu 1300 Cost 200 920 6280 4020 7020 8400 950u Zuuu 2000