e5-2 - Name Date Instructor Course rd Managerial Accounting...

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FileName: ee24cd6420daec2e2283fa4ece0f218d27cac3ed.xls, Tab: Exercise E5-2, Page 1 of 2, 12/28/2011, 19:01:27 Name: Date: Instructor: Course: Month Total Operating Costs Number of Miles Driven July $16,000 13,000 August 17,800 14,250 September 12,400 9,750 October 15,100 12,500 November 13,250 10,500 December 11,500 9,000 Instructions: High Low Difference Costs Amount Amount Formula Miles Amount Amount Formula Formula variable cost per mile driven Activity Level High Low Total costs Amount Amount Less variable costs Formula #VALUE! Formula #VALUE! Total fixed costs Formula Formula Monthly operating costs are: $?? per month plus $?? per mile driven $14,500 Determine the number of miles that correspond to that level of costs. Amount = Amount + ( Amount X Miles driven ) Amount - Amount + ( Amount X Miles driven ) Amount = Amount X Miles driven Amount - Amount = Miles driven Amount / Amount = Amount Miles driven Managerial Accounting, 3 rd Edition, by Weygandt, Kieso, and Kimmel Solving Managerial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Exercise E5-2,
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