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Author Question: Data concerning Engel Company's activity for the first three months are shown below.MonthMachine ... (Read 69 times)

Ethanolson3

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on: Feb 5, 2023

Question 1

Vest Construction Company's cost of renting a crane for the last four months is as follows:

MonthHours of OperationRental Cost
January35$1,200
February421,350
March451,400
April401,290
Using the high-low method, what is the company's estimated variable and fixed components of operating expenses?

Question 2

Data concerning Engel Company's activity for the first three months are shown below.

MonthMachine HoursRepair Cost
January4,000$3,100
February4,8003,500
March3,6002,900

Using the high-low method of analysis, determine the estimated variable cost per machine hour and the total fixed cost.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Ethanolson3 on Feb 5, 2023

zubair1583

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Reply #1 on: Feb 5, 2023
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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Ethanolson3

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

nguyenhoanhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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