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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Tijuana Tile has gathered the following information on its utility costs for the past six months.
Machine Hours Utility Cost
1,300 ………………$ 940
1,700 ………………1,075
1,250 ………………. 900
1,800 ………………1,132
1,900 ………………1,160
1,500 ……………… 990
a. Using the high–low method, determine the cost formula for utility costs.
b. Prepare a flexible budget with separate variable and fixed categories for utility costs at 1,325, 1,500, and 1,675 machine hours.
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