11) Barkoff Enterprises, which uses the high-low method to analyze costdetermined that machine hours best explain the company's utilities cost. The company'srelevant range of activity varies from a low of 600 machine hours to a high of 1,100machine hours, with the following data being available for the first six months of theyear:Machine Hours800720810MonthUtilitiesJanuaryFebruaryMarch8,7008,3608,9509,3609,6259,150AprilMayJune920950900The fixed utilities cost per month for Barkoff is:A) $4,400.B) $5,100.9 $4,760.D) $3,764.E) None of the answers is correct.

Name: 11) Barkoff Enterprises, which uses the high-low method to analyze co
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: 11) Barkoff Enterprises, which uses the high-low method to analyze costdetermined that machine hours best explain the company's utilities cost. The company'srelevant range of activity varies from a low of 600 machine hours to a high of 1,100machine

Business

Accounting

11 Barkoff Enterpeises, which uses the high-low method to analye determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being availahle for the first six months of the year: Month Utilities Machine Hours $ 8,700 8,360 8,950 9,360 9,625 January February March 800 720 810 April May June 920 950 9,150 900 The fixed utilities cost per month for Barkoff is: A) $4,400. B) $5,100. O $4,760. D) $3,764. E) None of the answers is correct.

11 Barkoff Enterpeises, which uses the high-low method to analye determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being availahle for the first six months of the year: Month Utilities Machine Hours $ 8,700 8,360 8,950 9,360 9,625 January February March 800 720 810 April May June 920 950 9,150 900 The fixed utilities cost per month for Barkoff is: A) $4,400. B) $5,100. O $4,760. D) $3,764. E) None of the answers is correct.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

See similar textbooks

Similar questions

The following product costs are available for Kellee Company on the production of eyeglass frames: direct materials, $32,125; direct labor, $23.50; manufacturing overhead, applied at 225% of direct labor cost; selling expenses, $22,225; and administrative expenses, $31,125. The direct labor hours worked for the month are 3,200 hours. A. What are the prime costs? B. What are the conversion costs? C. What is the total product cost? D. What is the total period cost? E. If 6.425 equivalent units are produced, what is the equivalent material cost per unit? F. What is the equivalent conversion cost per unit?
1) Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month January February March Utilities $ 8,700 8,360 8,950 9,360 9,625 Machine Hours 800 720 S10 April May 920 950 June 9,150 900 The fixed utilities cost per month for Barkoff is: A) $4,400. B) $5,100. 9 $4,760. D) $3,764. E) None of the answers is correct.
11) Barkoff Enterpeises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months ot the year: Month Machine Hours Utilities 8,700 January February March 800 720 810 920 8,360 8,950 April May June 9,360 9,625 9,150 950 900
Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January $8700 800 February 8360 720 March 8950 810 April 9360 920 May 9625 950 June 9150 900 1The variable utilities cost per machine hour is: a) $0.18. b) an amount other than those listed above. ) $4.50. d) $5.00. e) $5.50. 2. The fixed utilities cost per month is: a) an amount other than those listed above. b) $4,760. ) $3,764. d) $5,100. e) $4,400. 3. Using the high-low method, the utilities cost associated with 980 machine hours would be: a) an amount other than those listed above. b) $9,660. ) $9,700. d) $9,790. e) $9,510.
Barkoff Enterprises, which uses the high-low method to analye cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year Machine Hours 800 720 Month Utilities 8,700 8360 8,950 9,360 January February March S10 April May 920 9,625 950 June 9,150 900 The fixed utilities cost per month for Barkoff is: A) $4,400. 8) S5,100. O54,760. D) $3,764. E) None of the answers is correct.
Hot'lanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January s8700 800 February 8360 720 March 8950 810 April 9360 920 May 9625 950 June 9150 900 1.The variable utilities cost per machine hour is: a) $0.18. b) an amount other than those listed above. C) $4.50. d) $5.00. e) $5.50. 2. The fixed utilities cost per month is: a) an amount other than those listed above. b) $4,760. c) $3,764. d) $5,100. e) $4,400.
Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January $8,700 800 February 8,360 720 March 8,950 810 April 9,360 920 May 9,625 950 June 9,150 900 The variable utilities cost per machine hour for Barkoff is: Select one: a. $5.00. b. $4.50. c. $0.18 d. $5.50.e. None of the answers is correct.
Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: January: Utilities, P8,700, Machine Hours, 800; February: Utilities, P8,360, Machine Hours, 720; March: Utilities, P8,950, Machine Hours, 810; April: Utilities, P9,360, Machine Hours, 920; May: Utilities, P9,625, Machine Hours, 950; June: Utilities, P9,150, Machine Hours, 900. The total fixed utilities cost is: Choose among the numbers below the correct answer P4,760.P4,400.P5,100.P3,764.
Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: January: Utilities, P8,700, Machine Hours, 800; February: Utilities, P8,360, Machine Hours, 720; March: Utilities, P8,950, Machine Hours, 810; April: Utilities, P9,360, Machine Hours, 920; May: Utilities, P9,625, Machine Hours, 950; June: Utilities, P9,150, Machine Hours, 900. The variable utilities cost per machine hour is: Choose among the number below the correct answer: P5.00.P0.18.P4.50.P5.50
Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,200 machine hours, with the following data being available for the first six months of the year: Month Utilities Machine Hours January 9,600 890 February 9,260 810 March 9,850 900 April 10,260 1,010 May 10,732 1,040 June 10,050 990 The fixed utilities cost per month for Barkoff is: Multiple Choice $3,440. $4,076. $4,436. • $4,776. None of the answers is correct
Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow:
Sunland Co. gathered the following information on power costs and factory machine usage for the last six months: Month January February March April May June (a) Power Cost $28,390 (b) 36,069 32,895 26,235 (c) 23,890 20,700 Your answer is correct. Variable power costs $ Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. eTextbook and Media Your answer is correct. Factory Machine Hours What is the estimated variable portion of power costs per factory machine hour? (Round answer to 2 decimal places, e.g. 15.25.) Fixed power costs $ eTextbook and Media 15,800 21,400 Total power cost $ 18,700 High 15,100 13,500 What is the estimated fixed power cost each month? 10,500 1.41 5,895 per factory machine hour Low 5,895 If it is estimated that 13,800 factory machine hours will be run in July, what is the expected total power cost for July?