Utility costs at one of Helker Corporation's factories are listed below:
Management believes that utility cost is a mixed cost that depends on machine-hours.
Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.Show your work! Round off all calculations to the nearest whole cent.

Question

Utility costs at one of Helker Corporation's factories are listed below:  
Management believes that utility cost is a mixed cost that depends on machine-hours.
Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.Show your work! Round off all calculations to the nearest whole cent.

Quizplus · Accepted Answer

The Answer of Utility costs at one of Helker Corporation's factories are listed below:  
Management believes that utility cost is a mixed cost that depends on machine-hours.
Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.Show your work! Round off all calculations to the nearest whole cent.

Utility Costs at One of Helker Corporation's Factories Are Listed