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Cost Accounting A Managerial Emphasis Study Set 1
Quiz 10: Analysis of Cost Behaviour
What Is the Slope Coefficient Per Machine-Hour
Question 72
Multiple Choice
What is the slope coefficient per machine-hour? A)$125.00 B)$12.50 C)$10.00 D)$100.00 E)$0.50
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Q 73
What is the constant for the estimating cost equation? A)$125,000 B)$225,000 C)$25,000 D)$0 E)$12,500
Q 74
What is the estimate of the total cost when 1,100 machine-hours are used? A)$125,000 B)$135,000 C)$150,000 D)$200,000 E)$136,000
Q 75
What is the cost function derived from using the high-low method? A)y = $43,191 + $0.19x B)y = $4,875 + $4.28x C)y = $41,900 + $0.23x D)y = $2,430 + $4.28x E)y = -$4,875 + $5.25x
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