Question
3- Assume the following hours of maintenance work and the total maintenance costs for the following months: Month Maintenance hours Total cost July 2,000 20,0000
3- Assume the following hours of maintenance work and the total maintenance costs for the following months:
| Month | Maintenance hours | Total cost |
| July | 2,000 | 20,0000 |
| Aug. | 3,000 | 25,000 |
| Sept. | 6,000 | 40,000 |
| Oct. | 4,000 | 30,000 |
| Nov. | 5,000 | 35,000 |
| Dec.. | 7,000 | 45,000 |
Calculate fixed costs using The High-Low Method
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Accounting Information For Decisions
Authors: Robert Ingram, Thomas L. Albright, Bruce A. Baldwin, John Hill
1st Edition
0538815388, 978-0538815383
