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Author Question: As part of his job as cost analyst, John Kelly collected the following information concerning the ... (Read 53 times)

elizabeth18

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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.
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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
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Marked as best answer by elizabeth18 on Mar 6, 2021

welcom1000

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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.
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elizabeth18

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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