high low method machine hours
In cost accounting a way of attempting to separate out fixed and variable costs given a limited amount of data. High Low Method of Machine Hours 8000 10000 11000 9000 14000 12000 Total Maintenance Costs 600000 640000 800000 700000 900000 870000 Required.
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90000 110000 130000 150000 100000 120000 140000 160000 180000 200000 220000 240000 260000 280000 300000 Machine-Hours Maintenance Costs Solution.
. Solve Y if x 13000 machine hours. View high low methoddocx from BSMA 401 at STI College multiple campuses. Machine Hours 22000 32000 26000 24000 Cost 56000 May June July August Oa.
Solution for Using the high-low method how much is the electricity costs if the actual machine hours used is 2800. High Low Method In Accounting Definition Formula It is shown below. Based on the following information calculate fixed costs per month using the high-low method.
To illustrate the high-low method lets assume that a company had total costs of electricity of 18000 in the month when its highest activity was 120000 machine hours. Skip to main content. Find the fixed cost 3.
State the cost function 4. Machine Hours 9000 3000 6000 Highest Lowest Difference Utility Cost 1960 880 1080 a. Start your trial now.
Now the formula for high low method is calculated. First week only 699. The high-low method involves taking the.
High Low Method of Machine. Use High and low method to estimate Variable cost per unit 2. Period Semi-Variable Costs Machine Hours.
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
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