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High-Low Method Cost Formulas During the past year, the high and low use of three different resources for this occurred in the resul, and in manca The number one hours is the driver. The costs of the three resources and the related number of airplane night hours are as follows Airplane Fight Resource Hour Total Cost Airplane depreciation High 44,000 $ 1.600.000 20,000 $18,000,000 Fuel 44,000 445.96.000 Low 28.000 23,752.000 Airplane maintenance High 44,000 16.568.000 20.000 12,376,000 Required Use the glow method to answer the following questions. Wanneer is to enter required, round your newers to nearest do 1. What is the variable rate for airplane depreciation? What is the feed cost for airplane depreciation 2. What is the cost formula for airplane depreciation Total cost of airplane depreciations 3. What is the variable rate for What is the cost for Previous What is the fixed cost for airplane depreciation? 2. What is the cast formula for airplane depreciation? Total cost of airplane depreciations 3. What is the variable rate for fuel? per flight hour What is the fixed cost for fuel? 4. What is the cost formula for fuel? Total cost of fuel 5. What is the variable rate for airplane maintenance? per flight hour What is the fixed cost for airplane maintenance? 6. What is the cost formula for airplane maintenance? Total cost of airplane maintenance + VI 7. Using the three cost formules that you developed, predict the cost of each resource in a month with 35,000 plane flight hours. (Note: Do not round intermediate calculations.) Total cost of airplane depreciation Total cost of fuel Total cost of airplane maintenance High-Low Method, Cost Formulas During the past year, the Nigh and low use of three different resources for High Airlines occurred in sy and April. There are propreciation, and one materia. There werthon is the diver. The costs of the three resources and the related number of arnight hours are as follows: Airplane Fight Resource Hours Tai Gai Airplane depreciation 44,000 $18,000,000 26.000 $10,000,000 High 44,000 445,000,000 LOW 20.000 23,753,000 Airplane maintenance High 44,000 16.68.000 Low 28,017 12.1.000 Required Use the high-low method to answer the following questions answer is er, erter og round you to 1. What is the variable rate for plane depreciation What is the feed cost for airplane depreciation? 2. What is the cost formula for airplane depreciation? Total cost of airplane depreciations 2. What is the variable rate for ful? per right hour What is the feed cost for fuel

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