(TCO 3) The Wiscow Manufacturing Company recorded overhead costs of $21,500 at an activity level of 5,000 machine

Operations costing systems are used when the products have
February 11, 2020
(TCO 5) The MNK Company has gathered the following information for a unit of its most popular
February 11, 2020

(TCO 3) The Wiscow Manufacturing Company recorded overhead costs of $21,500 at an activity level of 5,000 machine

hours and $8,000 at 2,500 machine hours. The records also indicated that overhead of $10,000 was incurred at 4,200 machine hours. Using the high-low method to estimate the cost equation, determine the variable cost per machine hour.

A. $5.40

B. $14.38

C. $1.18

D. $4.60

 
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