Question
please help, not sure why I got this wrong.
absorption costing ? 100 x 3.58 = 13,833. High-Low Method Cost Formulas During the past year, the high & low use of three ouf
x - What is the fixed cost for airplane depreciation? Fixed Cost Total cost - Variable rate x Airplane hours) = 18 500 - 60 X


7 7- Using the 3 cost formulas that you developed, predict the cost of each resource in a month w / 36,000 airplane hours. x
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Answer #1

Fixed cost for airplane depreciation = Total Cost - (Variable rate * Airplane hours)

= $18,500,000 - (0 * 44,000)

= $18,500,000 ANSWER

Cost Formula for airplane depreciation = $18,500,000 + (0 * Airplane Hours)

= $18,500,000 ANSWER

Total cost of airplane depreciation = $18,500,000 + (0 * 36,000)

= $18,500,000 ANSWER

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