15 30 37 89 0 A factory has the following Operating costs over a six month period Factory Month Power Cost Machine Hours January $ 24,400 13.900 February 30,400 17,600 March 29.000 16.800 April 22,340 13.200 May 19.900 11,600 June 16,900 8,600 1 93 54 95 Use the high low method to calculate variable and fixed cost components 97 90 6 Variable cost per hour 100 7 Fixed Cost 101 102 103 104 The Boardwalk has Rides, Food, and special group events 105 100 Category % of Business Contribution Margin 107 100 109 Rides Food special Events Fixed Costs are 4,336,500 for a year 60% 25% 15% 60% 50% 70% 110 11 112 114 115 110 8 Rides 9 Food 10 special Events 117 119 11 Total 120 121 122 123 124 126