# The delivery trucks of Slavin Transport Company incurred \$3-600 of mai.docx

L

The delivery trucks of Slavin Transport Company incurred \$3,600 of maintenance costs during the busiest month of 2004, in which 12,000 miles were driven collectively. During the slowest month, \$2,800 in maintenance costs were incurred, and 8,000 miles were driven. Using the high-low method, what maintenance cost would the company expect to incur if 15,000 miles were driven? A. \$3,000 B. \$4,400 C. \$4,000 D. \$4,200 Solution Remember that the method is to first split the costs into variable and fixed components. To do that, we need to make this formula: (C2 - C1) / (V2 - V1) (V=Volume and C = Cost. \"!\" and \"2\" are highest and lowest) SO Variable = (3600 - 2800) / (\$12000 - \$8000) 800 / \$4,000 or 20 cents a unit. NEXT we have to calculate the estimated FIXED costs. Fixed Costs = TOTAL COSTS - Total Variable costs We can use EITHER hi or low. Lets use High Fixed = \$3600 - (20 cents * 12000 miles) Fixed = \$3600 - \$2400 Fixed = \$1200 (note that for the LOW volume of miles it also works - Total costs = \$1200 (fixed) + Variable (8000 miles * 25cents) Total costs = \$1200 + 2000 Total costs = \$3200 NOW we move to solving the answer of costs at 15000 miles: Total costs = fixed (\$1200) + Variable (20 cents * 15000 miles) Total costs = \$1200+ 3000 Total costs = \$4200 Answer D ) 4200 .

Operating costing por
Operating costingdaminigyanchandani
436 vistas39 diapositivas
Brief Exercise 22-4 Bruno Company accumulates the following data conce.docx por
Brief Exercise 22-4 Bruno Company accumulates the following data conce.docxgilliandunce53776
5 vistas2 diapositivas
Operations and Services Costing por
Operations and Services Costing Shreyansh Kejriwal
18K vistas38 diapositivas
Moon chem Case Study por
Moon chem Case StudyIshan Garg
1.3K vistas9 diapositivas
Moon chem chap 11 case study por
Moon chem chap 11 case study Arpit Singh
10.6K vistas9 diapositivas
Hol Chong Transport- Limited- operates a fleet of delivery trucks in S.docx por
Hol Chong Transport- Limited- operates a fleet of delivery trucks in S.docxJuliang56Parsonso
3 vistas1 diapositiva

## Similar a The delivery trucks of Slavin Transport Company incurred \$3-600 of mai.docx

CENTENNIAL BREWERY PRODUCED REVENUES OF \$1,145,227 IN 2008. IT HAS EXPENSES (... por
CENTENNIAL BREWERY PRODUCED REVENUES OF \$1,145,227 IN 2008. IT HAS EXPENSES (...JanuMorandy
721 vistas11 diapositivas
Ch11_ReplacementandRetention.pdf por
Ch11_ReplacementandRetention.pdfMuazHaziq28
22 vistas19 diapositivas
Hoi Chong Transport- Limited- operates a fleet of dellvery trucks in S.docx por
Hoi Chong Transport- Limited- operates a fleet of dellvery trucks in S.docxIsaac9LjWelchq
3 vistas1 diapositiva
This is a repost- The last respondant did not give a complete answer-.docx por
This is a repost- The last respondant did not give a complete answer-.docxrochellej1
3 vistas2 diapositivas
urgent pls accounting The following information is available for suppl.docx por
urgent pls accounting The following information is available for suppl.docxkevin792
2 vistas1 diapositiva
Beirut Congestion Charges Report por
352 vistas12 diapositivas

### Similar a The delivery trucks of Slavin Transport Company incurred \$3-600 of mai.docx(20)

CENTENNIAL BREWERY PRODUCED REVENUES OF \$1,145,227 IN 2008. IT HAS EXPENSES (... por JanuMorandy
CENTENNIAL BREWERY PRODUCED REVENUES OF \$1,145,227 IN 2008. IT HAS EXPENSES (...
JanuMorandy721 vistas
Ch11_ReplacementandRetention.pdf por MuazHaziq28
Ch11_ReplacementandRetention.pdf
MuazHaziq2822 vistas
Hoi Chong Transport- Limited- operates a fleet of dellvery trucks in S.docx por Isaac9LjWelchq
Hoi Chong Transport- Limited- operates a fleet of dellvery trucks in S.docx
Isaac9LjWelchq3 vistas
This is a repost- The last respondant did not give a complete answer-.docx por rochellej1
This is a repost- The last respondant did not give a complete answer-.docx
rochellej13 vistas
urgent pls accounting The following information is available for suppl.docx por kevin792
urgent pls accounting The following information is available for suppl.docx
kevin7922 vistas
Beirut Congestion Charges Report por Mohamad Kassab
Beirut Congestion Charges Report
An inspection service received their monthly operating costs for the p.docx por shawnk7
An inspection service received their monthly operating costs for the p.docx
shawnk74 vistas
Wide Corporation manufactures two products- A and B- The total indirec.docx por SUKHI5
Wide Corporation manufactures two products- A and B- The total indirec.docx
SUKHI52 vistas
The Cheyenne Hotel in Big Sky- Montana- has accumulated records of the (3).pdf por JustinxitMillero
The Cheyenne Hotel in Big Sky- Montana- has accumulated records of the (3).pdf
JustinxitMillero22 vistas
Depreciation methods por Ameen San
Depreciation methods
Ameen San7.6K vistas
Chapter_11_Lecture_30 (1).ppt por ssuser13b9f8
Chapter_11_Lecture_30 (1).ppt
ssuser13b9f82 vistas
Economics of power plant h.pptx por Mahamad Jawhar
Economics of power plant h.pptx
B3 perilaku biaya por koranbekas
B3 perilaku biaya
koranbekas886 vistas
Hoi Chong Transport- Limited- operates a fleet of delivery trucks in S.docx por PaulntmMilleri
Hoi Chong Transport- Limited- operates a fleet of delivery trucks in S.docx
PaulntmMilleri10 vistas
4) You are estimating the fuel consumption (gallons per mile) for in.pdf por arishaenterprises12
4) You are estimating the fuel consumption (gallons per mile) for in.pdf
Thomas Train has collected the following information over the last six.docx por gtameka
Thomas Train has collected the following information over the last six.docx
gtameka2 vistas
Challenging Performance Improvement por Phil La Duke
Challenging Performance Improvement
Phil La Duke552 vistas
Multiple Versus Single Overhead Rates- Activity Drivers Deoro Company.docx por scroghamtressie
Multiple Versus Single Overhead Rates- Activity Drivers Deoro Company.docx
scroghamtressie32 vistas

## Más de lmark1

The distance from my house to work is 10 miles- 20 miles round trip- I.docx por
The distance from my house to work is 10 miles- 20 miles round trip- I.docxlmark1
28 vistas1 diapositiva
The drawing shows a ray of light traveling through three materials who (1).docx por
The drawing shows a ray of light traveling through three materials who (1).docxlmark1
16 vistas2 diapositivas
The Dodd-Frank Act modified the regulation of bank and savings institu.docx por
The Dodd-Frank Act modified the regulation of bank and savings institu.docxlmark1
2 vistas1 diapositiva
The Don-'t Tread on Me Tire Company had retained earnings at December.docx por
The Don-'t Tread on Me Tire Company had retained earnings at December.docxlmark1
2 vistas1 diapositiva
The digits 0- 2- 4- 6 and 8 are to be placed- one in each box- in the.docx por
The digits 0- 2- 4- 6 and 8 are to be placed- one in each box- in the.docxlmark1
5 vistas2 diapositivas
The directors of the company are undecided as to whether they should a.docx por
The directors of the company are undecided as to whether they should a.docxlmark1
2 vistas2 diapositivas

### Más de lmark1(20)

The distance from my house to work is 10 miles- 20 miles round trip- I.docx por lmark1
The distance from my house to work is 10 miles- 20 miles round trip- I.docx
lmark128 vistas
The drawing shows a ray of light traveling through three materials who (1).docx por lmark1
The drawing shows a ray of light traveling through three materials who (1).docx
lmark116 vistas
The Dodd-Frank Act modified the regulation of bank and savings institu.docx por lmark1
The Dodd-Frank Act modified the regulation of bank and savings institu.docx
lmark12 vistas
The Don-'t Tread on Me Tire Company had retained earnings at December.docx por lmark1
The Don-'t Tread on Me Tire Company had retained earnings at December.docx
lmark12 vistas
The digits 0- 2- 4- 6 and 8 are to be placed- one in each box- in the.docx por lmark1
The digits 0- 2- 4- 6 and 8 are to be placed- one in each box- in the.docx
lmark15 vistas
The directors of the company are undecided as to whether they should a.docx por lmark1
The directors of the company are undecided as to whether they should a.docx
lmark12 vistas
The difference between a personal loss casualty loss any business casu.docx por lmark1
The difference between a personal loss casualty loss any business casu.docx
lmark17 vistas
The description for IP1 is long- and the requirements for the content.docx por lmark1
The description for IP1 is long- and the requirements for the content.docx
lmark15 vistas
The density of solid W is 19-3 g-cm- How many atorns are present per c.docx por lmark1
The density of solid W is 19-3 g-cm- How many atorns are present per c.docx
lmark13 vistas
The December 31- 2012- balance sheet for Thomas Company showed total s.docx por lmark1
The December 31- 2012- balance sheet for Thomas Company showed total s.docx
lmark12 vistas
The demand curve for gardeners is Ed - 39 - 2w- where E - the number o.docx por lmark1
The demand curve for gardeners is Ed - 39 - 2w- where E - the number o.docx
lmark12 vistas
The demand curve is given as- Qd-500 - 5Px + 0-5i + 10Py - 2Pz Where-.docx por lmark1
The demand curve is given as- Qd-500 - 5Px + 0-5i + 10Py - 2Pz Where-.docx
lmark124 vistas
The decay of a radioactive elemenet is described by the equation A - A.docx por lmark1
The decay of a radioactive elemenet is described by the equation A - A.docx
lmark13 vistas
The December 31- 2012- balance sheet for Classic Company showed total.docx por lmark1
The December 31- 2012- balance sheet for Classic Company showed total.docx
lmark12 vistas
The Davenport Company-'s budget containns these standards for material.docx por lmark1
The Davenport Company-'s budget containns these standards for material.docx
lmark12 vistas
The decision for solving production mix problems involving multiple pr.docx por lmark1
The decision for solving production mix problems involving multiple pr.docx
lmark12 vistas
The current sections of Nasreen Inc-SolutionHi- Please find the detail.docx por lmark1
The current sections of Nasreen Inc-SolutionHi- Please find the detail.docx
lmark12 vistas
The date June 10- is special because when we write in the following fo.docx por lmark1
The date June 10- is special because when we write in the following fo.docx
lmark12 vistas
The data listed below are claimed for a power cycle operating between.docx por lmark1
The data listed below are claimed for a power cycle operating between.docx
lmark135 vistas
The data needed to prepare a trial balance come from the Journal Ledge.docx por lmark1
The data needed to prepare a trial balance come from the Journal Ledge.docx
lmark13 vistas

## Último

MUET Newsletter Vol-IX, Issue-III, 2023 por
MUET Newsletter Vol-IX, Issue-III, 2023Mehran University of Engineering & Technology, Jamshoro
161 vistas16 diapositivas
Volf work.pdf por
Volf work.pdfMariaKenney3
90 vistas43 diapositivas
50 vistas60 diapositivas
Career Building in AI - Technologies, Trends and Opportunities por
Career Building in AI - Technologies, Trends and OpportunitiesWebStackAcademy
47 vistas44 diapositivas
GSoC 2024 .pdf por
GSoC 2024 .pdfShabNaz2
42 vistas15 diapositivas
Java Simplified: Understanding Programming Basics por
Java Simplified: Understanding Programming BasicsAkshaj Vadakkath Joshy
663 vistas155 diapositivas

### Último(20)

Career Building in AI - Technologies, Trends and Opportunities por WebStackAcademy
Career Building in AI - Technologies, Trends and Opportunities
GSoC 2024 .pdf por ShabNaz2
GSoC 2024 .pdf
ShabNaz242 vistas
Pharmaceutical Analysis PPT (BP 102T) por yakshpharmacy009
Pharmaceutical Analysis PPT (BP 102T)
yakshpharmacy009116 vistas
Ask The Expert! Nonprofit Website Tools, Tips, and Technology.pdf por TechSoup
Ask The Expert! Nonprofit Website Tools, Tips, and Technology.pdf
TechSoup 62 vistas
Introduction to AERO Supply Chain - #BEAERO Trainning program por Guennoun Wajih
Introduction to AERO Supply Chain - #BEAERO Trainning program
Guennoun Wajih123 vistas
Guidelines & Identification of Early Sepsis DR. NN CHAVAN 02122023.pptx por Niranjan Chavan
Guidelines & Identification of Early Sepsis DR. NN CHAVAN 02122023.pptx
Niranjan Chavan42 vistas
The Future of Micro-credentials: Is Small Really Beautiful? por Mark Brown
The Future of Micro-credentials: Is Small Really Beautiful?
Mark Brown102 vistas
Presentation_NC_Future now 2006.pdf por Lora
Presentation_NC_Future now 2006.pdf
Lora 37 vistas
What is Digital Transformation? por Mark Brown
What is Digital Transformation?
Mark Brown41 vistas

### The delivery trucks of Slavin Transport Company incurred \$3-600 of mai.docx

• 1. The delivery trucks of Slavin Transport Company incurred \$3,600 of maintenance costs during the busiest month of 2004, in which 12,000 miles were driven collectively. During the slowest month, \$2,800 in maintenance costs were incurred, and 8,000 miles were driven. Using the high- low method, what maintenance cost would the company expect to incur if 15,000 miles were driven? A. \$3,000 B. \$4,400 C. \$4,000 D. \$4,200 Solution Remember that the method is to first split the costs into variable and fixed components. To do that, we need to make this formula: (C2 - C1) / (V2 - V1) (V=Volume and C = Cost. "!" and "2" are highest and lowest) SO Variable = (3600 - 2800) / (\$12000 - \$8000) 800 / \$4,000 or 20 cents a unit. NEXT we have to calculate the estimated FIXED costs. Fixed Costs = TOTAL COSTS - Total Variable costs We can use EITHER hi or low. Lets use High Fixed = \$3600 - (20 cents * 12000 miles) Fixed = \$3600 - \$2400 Fixed = \$1200 (note that for the LOW volume of miles it also works - Total costs = \$1200 (fixed) + Variable (8000 miles * 25cents)
• 2. Total costs = \$1200 + 2000 Total costs = \$3200 NOW we move to solving the answer of costs at 15000 miles: Total costs = fixed (\$1200) + Variable (20 cents * 15000 miles) Total costs = \$1200+ 3000 Total costs = \$4200 Answer D ) 4200
Idioma actualEnglish
Español
Portugues
Français
Deutsche