Assume that the activity base to be used is the number of billings per month. An analysis

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Assume that the activity base to be used is the number of billings per month. An analysis of data for the past six months shows the following:

Number of Total Month Billings Cost January 4,200 $8,531 February 4,100 8,455 March 3,600 8,160 April 4,750 8,842 May 5,380 9,228 June 5,200 9,118 Management has asked you to determine the variable cost for each bill sent and the estimated monthly fixed costs of the department. Prepare the analysis. LO.1

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