Details of this Paper

Use the high-low method to calculate the cost formula utility costs

Description

solution


Question

During the months of April through September, the following total utility costs were paid at various production volumes;Total;Total Utility Production;Month Costs Volume;April $ 5,000 16,000 units;May 7,000 26,000 units;June 8,000 32,000 units;July 6,000 20,000 units;August 4,000 12,000 units;September 10,000 36,000 units;a. Use the high-low method to calculate the cost formula utility costs.;b. If the production volume were expected to be 22,000 units for the month of November, what amount of total costs would be expected?

 

Paper#20374 | Written in 18-Jul-2015

Price : $32
SiteLock