This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As part of his job as cost analyst, John Kelly collected the following information concerning the ... (Read 83 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Mar 6, 2021

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?
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


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
Reply #1 on: Mar 6, 2021
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
YES! Correct, THANKS for helping me on my review

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Head impact during sports may reduce ability to acquire new information Head impact during sports may reduce ability to acquire new information
Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu
How to sketch a graph of a function using calculus only (Part 3) How to sketch a graph of a function using calculus only (Part 3)
How to solve any rational equation by factoring (Part 1) How to solve any rational equation by factoring (Part 1)
The Food Label Provides Valuable Consumer Information Manufacturers must adhere to strict labeling The Food Label Provides Valuable Consumer Information Manufacturers must adhere to strict labeling
Finding the angle from a ratio (Part 2) Finding the angle from a ratio (Part 2)
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library