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High low method to calculate fixed cost
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Suppose you have two levels of activities and costs as follows: Highest level of activity is 10,000 lowest is 6,000. Highest cost is 35,000 while lowest cost is 27,000. Use the high low method to calculate the fixed cost.
Accounting total overhead cost using high-low method?
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ABC Co.'s total overhead costs at various levels of activities (all within the same relevant range) are presented below: Month Flying Hours Total Overhead Costs September 8,000 $ 92,000 October 12,000 $ 106,000 November 16,000 $ 120,000 December 4,000 $ 78,000
What do you do in a high-low problem when the cost variables are the same?
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What do you do when you are trying to do the high-low method and the cost variables are the same? For example: if you highest and lowest variables are 250-units at $18000 and 120-units at $18000. How would you find the varible and fixed cost?
Estimating a cost function, high-low method?
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Reisen Travel offers helicopter service from suburban towns to john F. Kennedy Airport. Each of it's 10 helicopters makes between 1,000 and 2,000 round trips per year. The records indicate that a helicopter that has made 1,000 round trips has an average operating cost of $300, and one that has made... View more questions Search
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