Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the controller of gutierrez industries has collect

The controller of Gutierrez Industries has collected the following monthly expense data for use in...

80.2K

Verified Solution

Question

Accounting

image
The controller of Gutierrez Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs: Total Total Maintenance Machine Month Costs Hours January $2,750 2,900 February 3,050 4,050 March 3,850 6,100 April 4,570 8,000 May 3,410 5,250 June 5,038 8,100 Determine the variable-cost component using the high-low method. (Round answer to 2 decimal places e.. 12.25.) Variable cost per machine hour Determine the fixed cost component using the high-low method. Fixed cost 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

Chemistry
1.2K views

Treatment of a 0.2496-g sample of impure potassium chloride with an excess of AgNO3 resulted in...

Civil Engineering
1.2K views

Q5: A hydraulic punching machine is used to make holes in a plate using two steel...

Physics
1.2K views

The Earth has an average temperature of 58.3 ÌŠF, and radius of 6.38 x 106 m, and...

Physics
1.2K views

two cylinders with the radius r= 0.650 m are rolled with out slipping down an incline...

Biology
1.2K views

One reason the United States became involved in the Vietnam War was to O prevent...

Algebra
1.2K views

3 Graph the function State the period amplitude equation of axis and range for the...

Algebra
1.2K views

Evaluate the expression.-5-5=

Accounting
1.2K views

Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold...

Accounting
1.2K views

The quick ratio is: HORT ANSWER. Write the word or phrase that best...

Accounting
1.2K views

Question 1 of 4 -1vdots,vdots View Policies Current Attempt in Progress Splish...

Accounting
1.2K views

Depreciation is computed by the straight-line method with no salvage value. The company

Accounting
1.2K views

"The City of Manchester, New Hampshire, has only one activity, its school system. The school...