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1.Using the high/low method with the following data, determine the variable cost per customer multiple choice: 6.32 / 2.87 / 4.25/ 3.87 2.Using the high/low
1.Using the high/low method with the following data, determine the variable cost per customer multiple choice: 6.32 / 2.87 / 4.25/ 3.87 2.Using the high/low method with the following data, determine the monthly fixed costs (using the high point): $20,000 / $19,350/ $1,150/ $1,930 3. Using the high/low method with the following data, determine the estimate of total labor costs of 4,200 customers served during the month (use the high point). $19,350/ $1,150/ $16,250/ $17,404
# of customers | Labor Costs | |
January | 4000 | $ 15,500 |
February | 2400 | $ 10,450 |
March | 3700 | $ 18,500 |
April | 4450 | $ 19,000 |
May | 4400 | $ 19,000 |
June | 4800 | $ 20,250 |
July | 5000 | $ 20,500 |
August | 3900 | $ 18,500 |
September | 3800 | $ 18,000 |
October | 3100 | $ 15,500 |
November | 2900 | $ 15,250 |
December | 3000 | $ 16,650 |
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