Martha's Vineyard Marine Supply is a wholesaler for a large variety of boating and fishing equipment. The company's cont

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Martha S Vineyard Marine Supply Is A Wholesaler For A Large Variety Of Boating And Fishing Equipment The Company S Cont 1 (40.31 KiB) Viewed 8 times

Martha's Vineyard Marine Supply is a wholesaler for a large variety of boating and fishing equipment. The company's controller. Mathew Knight, has recently completed a cost study of the firm's material handling department in which he used work measurement to quantify the department's activity. The control factor unit used in the work-measurement study was hundreds of pounds of equipment unloaded or loaded at the company's loading dock. Knight compiled the following data Month January February March April May June July August September October November December Units of Activity (hundreds of pounds of equipment loaded or unloaded) 2,200 2,000 1,900 3,400 2,600 2,500 3,200 3,000 1,800 2,100 2,400 2,600 Material Handling Department Costs $19,070 18,710 18,230 22,000 19,840 20,800 22,070 20,260 17,200 18,790 19,380 20,140 Required: 5. Estimate the material-handling department's cost behavior using the high-low method Use an equation to express the results of this estimation method. (Round coefficient of X to 2 decimal places.) Material handling cost per month X