Using the high low method with student credit hours as the, Finance Basics

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Using the high low method with student credit hours as the

Professional University teaches a large range of undergraduate courses. It is interested in determining the cost equation for the facilities cost as a function of student credit hours so that it an more accurately budget its facilities costs as enrollment grows. Information for the high and low cost semesters and volumes for last 5 years appears below

Semester	Student Credit Hours	Facilities Cost
Spring 2007	250,000	$500,000
Fall 2004	300,000	$530,000

Using the high low method, with student credit hours as the activity driver, what is the equation for facilities cost (FC) as a function of student credit hours?

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Finance Basics: Using the high low method with student credit hours as the

Reference No:- TGS0604342

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Using the high low method with student credit hours as the

Reference No:- TGS0604342

Recent Questions Asked Finance Basics

Q : What is employee empowerment and how can the hr departments

Q : Total costs were 79700 when 25000 units were produced and

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Q : A 200-ton automobile is parked at the top of a hill that is

Q : Using the high low method with student credit hours as the

Q : Two forces f1 and f2 act at a point has a magnitude of 920n

Q : Whats the starting deposit amount a that needs to be made

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