A BCD C Using the high-low method, estimate variable cost per unit and total fixed cost Highest Lowest Activity $128,000 $68,000 $60,800 Cost $72,800.00 $66,800.00 $6,000.00 $12,800.00 $60,000.00 Change Variable Cost/Unit of Activity Fixed Cost Using the results of A, express the overtime wages as an equation where x represents the number of invoices processed Predict the maintenance costs if 90,000 gallons of paint are produced. Predict the maintenance costs if 81,000 gallons of paint are produced. f paint produced $69,000.00 $68,100.00

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.5.2MBA
icon
Related questions
Question

Hi, I did two mistake in my homwork but i don't understand where I went wrong. Could you coorect the two place where tehre is a 0. thank you. 

16
17
18
19
20
21
22
23
24
25
26
27
28
A
B
C
D
Using the high-low method, estimate variable cost per unit and total fixed
cost
Highest
Lowest
Activity
$128,000
$68,000
$60,800
Cost
$72,800.00
$66,800.00
$6,000.00
$12,800.00
$60,000.00
Change
Variable Cost / Unit of Activity
Fixed Cost
Using the results of A, express the overtime wages as an equation where x
represents the number of invoices processed
Predict the maintenance costs if 90,000 gallons of paint are produced.
Predict the maintenance costs if 81,000 gallons of paint are produced.
f paint produced
$69,000.00
$68,100.00
1
1
0
1
1
1
1
1
1
0
1
Transcribed Image Text:16 17 18 19 20 21 22 23 24 25 26 27 28 A B C D Using the high-low method, estimate variable cost per unit and total fixed cost Highest Lowest Activity $128,000 $68,000 $60,800 Cost $72,800.00 $66,800.00 $6,000.00 $12,800.00 $60,000.00 Change Variable Cost / Unit of Activity Fixed Cost Using the results of A, express the overtime wages as an equation where x represents the number of invoices processed Predict the maintenance costs if 90,000 gallons of paint are produced. Predict the maintenance costs if 81,000 gallons of paint are produced. f paint produced $69,000.00 $68,100.00 1 1 0 1 1 1 1 1 1 0 1
1
2
3
The cost data for Evencoat Paint for the year 2019 is as follows:
4
5
Month
Jan
Feb
6
Mar
7
Apr
8 May
9
Jun
10
Jul
11
Aug
12 Sep
13
Oct
14 Nov
15
Dec
16
Gallons of Paint
Produced
110,000
68,000
71,000
77,000
95,000
101,000
125,000
95,000
95,000
89,000
128,000
122,000
Equipment
Maintenance
Expense
$70,700.00
$66,800.00
$67,000.00
$68,100.00
$69,200.00
$70,300.00
$70,400.00
$68,900.00
$69,500.00
$68,600.00
$72,800.00
$71,450.00
Transcribed Image Text:1 2 3 The cost data for Evencoat Paint for the year 2019 is as follows: 4 5 Month Jan Feb 6 Mar 7 Apr 8 May 9 Jun 10 Jul 11 Aug 12 Sep 13 Oct 14 Nov 15 Dec 16 Gallons of Paint Produced 110,000 68,000 71,000 77,000 95,000 101,000 125,000 95,000 95,000 89,000 128,000 122,000 Equipment Maintenance Expense $70,700.00 $66,800.00 $67,000.00 $68,100.00 $69,200.00 $70,300.00 $70,400.00 $68,900.00 $69,500.00 $68,600.00 $72,800.00 $71,450.00
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Cost estimation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College