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3. Month Total Maintenance Cost Production Volume (units) January $1,880 1,750 units February $1,800 1,500 units March $2,200 2,500 units April $2,120 2,250 units May
3.
Month Total Maintenance Cost Production Volume (units)
January $1,880 1,750 units
February $1,800 1,500 units
March $2,200 2,500 units
April $2,120 2,250 units
May $2,300 2,750 units
Using the high-low method, the variable rate for maintenance is:
a) $0.40
b) $0.80
c) $1.20
d) $2.50
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