This topic contains a solution. Click here to go to the answer

Author Question: As part of his job as cost analyst, John Kelly collected the following information concerning the ... (Read 54 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559

Question 1

When management develops cost estimations, they must chose one method, such as industrial engineering, conference, account analysis, or quantitative analysis, and stay consistently with that method as each method is mutually exclusive of the others.
◦ true
◦ false

Question 2

As part of his job as cost analyst, John Kelly collected the following information concerning the operations of the Machining Department: 

ObservationMachine-hoursTotal Operating Costs
January4,700$43,000
February5,06045,395
March4,18042,535
April4,50043,600
May4,25042,890

Required:
a.  Use the high-low method to determine the estimating cost function with machine-hours as the cost driver.
b.  If June's estimated machine-hours are 4,300, calculate the total estimated costs of the Machining Department?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by elizabeth18 on Mar 6, 2021

welcom1000

  • Sr. Member
  • ****
  • Posts: 298
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




elizabeth18

  • Member
  • Posts: 559
Reply 2 on: Mar 6, 2021
Gracias!


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library