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Author Question: Patrick Ross, the president of M & M Materials Company, has asked for information about the cost ... (Read 35 times)

bio_gurl

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on: Mar 6, 2021
Patrick Ross, the president of M & M Materials Company, has asked for information about the cost behavior of manufacturing overhead costs. Specifically, he wants to know how much overhead cost is fixed and how much is variable. The following data are the only records available:

MonthMachine-hoursOverhead Costs
February1,870$22,500
March3,08024,475
April1,10024,321
May2,75023,650
June3,85031,196

Required: 
Using the high-low method, determine the overhead cost equation. Use machine-hours as your cost driver.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by bio_gurl on Mar 6, 2021

jonathanballen97

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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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bio_gurl

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Reply 2 on: Mar 6, 2021
Excellent

ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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