Related to Problem #1, use the high-low method to determine the estimating cost function with machine-hours as the cost driver.
Question 2.
Question :
Related to Problem #1, use the high-low method to determine the estimating cost function with kilowatt-hours as the cost driver.
Question 3.
Question :
Related to Problem #1, for July, the company ran the machines for 3,000 hours and used 4,000,000 kilowatt-hours of power. The overhead costs totaled $114,000. Which cost driver was the best predictor for July?
Question 4.
Question :
Related to Problem #2, what amount of the MNO production costs is avoidable?
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