Please show formula used to get answer. *15. Given the...

50.1K

Verified Solution

Question

Accounting

image
image
Please show formula used to get answer.
*15. Given the following cost and activity observations for Johnson Company's utilities, use the high-low method to calculate Johnson's fixed per month. costs Cost Machine Hours April $60551 1139 May $84209 1893 June $98927 2488 Using the high-low method, determine the variable cost per unit, and the total fixed costs. Page 5

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