Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Nov 2017 My Price 5.00

Knox Boat Company

Knox Boat Company makes inexpensive aluminum fishing boats. Production is seasonal, with considerable activity occurring in the spring and summer. Sales and production tend to decline in the fall and winter months. During 2011, the high point in activity occurred in June when it produced 200 boats at a total cost of $140,000. The low point in production occurred in January when it produced 40 boats at a total cost of $44,000.
Required
a. Use the high-low method to estimate the amount of fixed cost incurred each month by Knox Boat Company.
b. Determine the total estimated cost if 100 boats are made.
c. Comment on the strengths and weaknesses of the high-low method.
d. Explain how a visual fit scattergraph could be used to improve accuracy.

Answers

(5)
Status NEW Posted 03 Nov 2017 06:11 PM My Price 5.00

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