Solved: Compute variable cost element using high-low method, Accounting Basics

+44 141 628 6080
[email protected]

Compute variable cost element using high-low method

Problem: Blake Corporation

Blake Corporation has the following data for use of its machinery

Month    Usage    Cost
Jun         600    $750
Jul          650    775
Aug        420    550
Sept   500    650
Oct         450    570

Q1. Using the high-low method, compute the variable cost element.

Q2. Using the high-low method, compute the fixed cost element (to the nearest whole dollar).

View Complete Question

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Compute variable cost element using high-low method

Reference No:- TGS01931115

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Where do you locate your potential participants for study

As a researcher studying a community with a high level of substance abuse. Where do you locate your potential participants for the study?

Identify one potential limitation of the theory

theories to specific examples in Nathan McCall's life. Next, identify one potential limitation of the theory. (7+ sentences)

Growth and inequality of/in the city under modern capitalism

Uneven growth and inequality of/in the city under modern capitalism was a dominant 1970s urban theory associated with which of the following thinkers?

How does the social process of labeling and making the label

How does the social process of labeling and making the label stick [accepted] connect secondary deviance with primary deviant actions?

Characteristics define religious, utopian, health movements

Describe the characteristics that define Religious, Utopian, and Health Movements

What cases does female status tend to be highest

Question: In which of the following cases does female status tend to be highest? Group of answer choice

Create the social policies that would allocate the necessary

This type of disempowerment exists where a collective voice is absent either in civil society or within political institutions

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Compute variable cost element using high-low method

Reference No:- TGS01931115

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What are some good pointers for essays

Q : Approximate per-unit set-up cost for product

Q : Formulate the cost function-revenue function

Q : Financial performance on a regular basis

Q : Compute variable cost element using high-low method

Q : Describe an good understanding of coaching at elite level

Q : Determine the vertices and foci of the graph

Q : Minimum transfer price for the monitor

Q : Determining maximum revenue for football team