For February, sales revenue is $647,000, sales commissions a…

For February, sales revenue is $647,000, sales commissions are 4% of sales, the sales manager’s salary is $83,200, advertising expenses are $85,800, shipping expenses total 1% of sale, and miscellaneous selling expenses are $2,200 plus 1/2 of 1% of sales. Total selling expenses for the month of February are

Given the following cost and activity observations for Bount…

Given the following cost and activity observations for Bounty Company’s utilities, use the high-low method to determine Bounty’s variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,100 15,000       April 2,700 10,000       May 2,900 12,000       June 3,600 18,000