Business, 22.04.2021 22:40, oakleylynn

Hartford Manufacturing uses the high-low method to estimate the fixed and variable cost elements of its total manufacturing overhead. The company uses machine-hours (MH) as its activity base. In the current year, its highest month of activity was 4,500 MH, with a corresponding total manufacturing overhead cost of $800,000. Its lowest month of activity was 2,000 MH, with a corresponding total manufacturing overhead cost of $360,000. The company anticipates that it will use 3,000 MH in January of the upcoming year. Use the high-low method to determine the following: 1. The variable manufacturing overhead cost per MH is $ . 2. The monthly fixed manufacturing overhead cost is $ . 3. The estimated total manufacturing overhead cost in January of the upcoming year is $ .

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:00, fahaddakhil3186

Suppose matt and bree go out to get pizza. they order breadsticks and a large pepperoni pizza. after eating the breadsticks, and one piece of pizza bree decides to have an additional piece, but she does not eat a third piece. if bree is a rational individual why did she not eat the third piece of pizza? the marginal cost of the

Answers: 2

continue

Business, 22.06.2019 06:30, kbows12

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Answers: 1

continue

Business, 22.06.2019 10:50, stodd9503

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate. a. after a long search, jon finds a job. b. tyrion, a full-time college student, graduates and is immediately employed. c. after an unsuccessful job search, arya gives up looking and retires. d. daenerys quits her job to become a stay-at-home mom. e. sansa has a birthday, becomes an adult, but has no interest in working. f. jaime has a birthday, becomes an adult, and starts looking for a job. g. cersei dies while enjoying retirement. h. jorah dies working long hours at the office.

Answers: 2

continue

Business, 22.06.2019 11:40, taylor825066

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x, y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Answers: 3

continue

Do you know the correct answer?

Hartford Manufacturing uses the high-low method to estimate the fixed and variable cost elements of...