high low method machine hours

High Low Method of Machine. Part 1 High-Low Method 12 Points.

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. August is not the high point because its number of. The high-low method involves taking the highest. Part 1 High-Low Method 12 Points.

Find the high and low points. The high-low method is a simple technique for determining the variable cost rate and the amount of fixed costs that are part of whats referred to as a mixed. Using the high-low method of.

Page 2 Machine hours and electricity costs for IJMAC Industries for 2013 were as follows. January February March April Cost 8200 13600. Meyer Company which uses the high-low method to analyze cost behavior has determined that.

Machine Hours 9000 3000 6000 Highest Lowest Difference Utility Cost 1960 880 1080 a. It takes the highest and lowest activity levels and compares their total costs. Transfer the information in the table.

Solve Y if x 13000 machine hours. 90000 110000 130000 150000 100000 120000 140000 160000 180000 200000 220000 240000 260000 280000 300000 Machine-Hours Maintenance Costs Solution. Using the high-low method calculate variable utilities.

Quarter Work hours Cost 1. The high low method uses a small amount of data to separate fixed and variable costs. Find the fixed cost 3.

Month February Machine hours 6900 MOH6250 March Machine hours 5000 MOH 5375 April Machine hours 6300 MOH 6025 May Machine. View high low methoddocx from BSMA 401 at STI College multiple campuses. High low method 1 Machine Hours Maintenance Costs Highest observation of cost.

High - Free download as Word Doc doc docx PDF File pdf Text File txt or read online for free. Machine Hours Electrical Cost January 4000 3120 February 6000 4460 March 4800 3500 April 5800 5040 May 3600 2900 June 4200 3200 Required. Requirements Using the high-low method answer the following questions 1.

School The University of Queensland. The high number of machine hours is in March and the low number of machine hours is in June. High low method 1 machine hours maintenance costs.

Using the high-low method calculate variable utilities costs per machine hour. Definition of High-Low Method. In cost accounting a way of attempting to separate out fixed and variable costs given a limited amount of data.

Use High and low method to estimate Variable cost per unit 2. High Low Method is a mathematical technique used to determine the fixed and variable elements of historical costs that are partially fixed and partially variable. Using the high low method the utilities cost associated with 980 machine hours from ACC 555 at University of Michigan.

State the cost function 4.

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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