Question
Please rank the levels of cost estimate based on the accuracy from high to low. 1,...
Please rank the levels of cost estimate based on the accuracy from high to low.
1, Order of Magnitude;
2, Square Foot Estimate
3, Assembly Estimate
4, Detailed Estimate
a) 4, 3, 2, 1
b) 1, 2, 3, 4
c) 2, 4, 1, 3
d) 3, 2, 1, 4
Homework Answers
Answer #1
Not the answer you're looking for?
Similar Questions
High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost...
High-Low Method
Ziegler Inc. has
decided to use the high-low method to estimate the total cost and
the fixed and variable cost components of the total cost. The data
for various levels of production are as follows:
Units Produced
Total Costs
1,400
$230,400
2,210
294,400
3,400
358,400
a.
Determine the variable cost per unit and the total fixed cost.
Variable cost: (Round to the nearest dollar.)
$ per unit
Total fixed cost:
$
b.
Based on part (a), estimate the...
High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost...
High-Low Method Ziegler Inc. has decided to use the high-low
method to estimate the total cost and the fixed and variable cost
components of the total cost. The data for various levels of
production are as follows: Units Produced Total Costs 2,240 $98,000
840 63,000 1,450 90,160 a. Determine the variable cost per unit and
the total fixed cost. Variable cost: (Round to the nearest dollar.)
$ per unit Total fixed cost: $ b. Based on part (a), estimate the...
High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost...
High-Low Method
Ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows:
Units Produced
Total Costs
1,860
$178,560
3,140
187,090
4,960
277,760
a. Determine the variable cost per unit and the
total fixed cost.
Variable cost: (Round to the nearest dollar.)
$ per unit
Total fixed cost:
$
b. Based on part (a), estimate the...
High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost...
High-Low Method
Ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows:
Units Produced
Total Costs
6,970
$723,240
2,870
464,940
4,620
629,740
a. Determine the variable cost per unit and the
total fixed cost.
Variable cost: (Round to the nearest dollar.)
$ per unit
Total fixed cost:
$
b. Based on part (a), estimate the...
High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost...
High-Low Method
Ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows:
Units Produced
Total Costs
3,740
$271,040
1,540
174,240
2,750
195,920
a. Determine the variable cost per unit and the
total fixed cost.
Variable cost: (Round to the nearest dollar.)
$ per unit
Total fixed cost:
$
b. Based on part (a), estimate the...
High-Low Method Liberty Inc. has decided to use the high-low method to estimate costs. The data...
High-Low Method
Liberty Inc. has decided to use the high-low method to estimate
costs. The data for various levels of production are as
follows:
Units Produced
Total Costs
100,000
$1,800,000
180,000
2,800,000
300,000
4,300,000
a. Determine the variable cost per unit and the
fixed cost. Round variable cost per unit to the nearest cent.
Variable cost per unit
$__________
Fixed cost
$__________
b. Based on part (a), estimate the total cost
for 260,000 units of production.
$___________
#5 High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total...
#5
High-Low Method
Ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows:
Units Produced
Total Costs
975
$121,500
1,550
149,040
2,475
189,000
a. Determine the variable cost per unit and the
total fixed cost.
Variable cost: (Round to the nearest dollar.)
$ per unit
Total fixed cost:
$
b. Based on part (a), estimate...
Please show all work ziegler Inc. has decided to use the high-low method to estimate the...
Please show all work
ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows:
Units Produced
Total Costs
80,000
$25,100,000
92,000
27,206,000
120,000
32,120,000
a. Determine the variable cost per unit and the
total fixed cost.
Variable cost (Round to two decimal places.)
$ per unit
Total fixed cost
$
b. Based on part (a),...
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the...
Ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows: Units Produced Total Costs 4,950 $425,040 1,650 273,240
3,230 321,210 a. Determine the variable cost per unit and the total
fixed cost. Variable cost: (Round to the nearest dollar.) $ per
unit Total fixed cost: $ b. Based on part (a), estimate the total
cost...
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the...
Ziegler Inc. has decided to use the high-low method to estimate
the total cost and the fixed and variable cost components of the
total cost. The data for various levels of production are as
follows:
Units Produced
Total Costs
850
$122,400
1,530
137,630
2,550
190,400
a. Determine the variable cost per unit and the
total fixed cost.
Variable cost: (Round to the nearest dollar.)
$ per unit
Total fixed cost:
$
b. Based on part (a), estimate the total cost...
ADVERTISEMENT
Need Online Homework Help?
Get Answers For Free
Most questions answered within 1 hours.
ADVERTISEMENT
Active Questions
asked 5 minutes ago
asked 8 minutes ago
asked 14 minutes ago
asked 15 minutes ago
asked 23 minutes ago
asked 31 minutes ago
asked 51 minutes ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago