Ask Question
9 December, 18:14

The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variable costs in the organization. The managerial accountant reported the following information:Month Machine Hours Total costsJanuary 1,800 $21,500February 2,900 $23,200March 1,000 $19,750April 2,400 $21,000May 3,400 $23,900Use the high-low method to determine the cost equation and use machine hours as the base for a cost driver in the analysis. What is the total cost equation for Sunny Manufacturing?

+4
Answers (1)
  1. 9 December, 20:16
    0
    Month. Machine Hours. Total costs

    January. 1,800 $21,500

    February. 2,900 $23,200

    March. 1,000. $19,750

    April. 2,400. $21,000

    May. 3,400. $23,900

    High-Low method = 23, 900 + 21,000

    = 44,900
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The managerial accountant at Sunny Manufacturing needs to determine how many costs are fixed costs and how many costs are variable costs in ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers