Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company provided data concerning the costs incur

A company provided data concerning the costs incurred to mow residential lawns for which customers...

60.1K

Verified Solution

Question

Accounting

A company provided data concerning the costs incurred to mow residential lawns for which customers pay $45 per mowing. Data for the past 7 months are as follows:

January

February

March

April

May

June

July

Number of lawns mowed

200

110

150

100

220

120

210

Mowing cost

$12,900

$8,120

$10,200

$8,200

$13,060

$8,400

$13,280

How much are the estimated monthly fixed costs using the high-low method?

A) $8200

B) $2,444

C) $4510

D) $4150

D) $3,180

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

tal energy of an electron revolving energy of an electron revolving in n th orbit...

Statistics
1.2K views

For a pair of dice, if the discrete random variable is defined by χ= {█(1 if...

Statistics
1.2K views

examples of graphs on how an education is important to children in poverty

Physics
1.2K views

1. Enter the symbol of the zone axis for the planes (3 -2 -1 ) and...

Geometry
1.2K views

8 Calculate the volume of the 3D figure 12 in 13 in

Basic Math
1.2K views

The system 7x 35 y x 4y 5x 25 y has the solution x 20...

Algebra
1.2K views

Graph the following function by starting with the graph of 2 y x and using...

Accounting
1.2K views

Following are accounts and year-end adjusted balances of Cruz Company as of December...

Accounting
1.2K views

A Government levied $500,000 in special assessments. The assessments are due and payable in equal...

Finance
1.2K views

A three unit property, Green Street, has an apartment ($1050/month) over two commercial units- a...

Finance
1.2K views

gontario.ca/dz/ie/content/12258063/viewContent/99562418/View ???as??ea ?-ti%2 _ uite .vmaaaa m sast?.kiittickit . ble of Contents Unit 1 Discrete...

Accounting
1.2K views

Required information E7.6 through E7.10. The following information applies to the questions displayed below) Morning...