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6 QS 18-4 (Static) Measuring costs using high-low method LO P1 4.5 points The following information is available for a company's maintenance cost over the
6 QS 18-4 (Static) Measuring costs using high-low method LO P1 4.5 points The following information is available for a company's maintenance cost over the last seven months. Month June July August September October November December Units Produced 90 180 120 150 210 240 60 Maintenance Cost $ 5,450 6,900 5,100 6,000 6,900 8,100 3,600 eBook Print Using the high-low method, estimate both the fixed and variable components of its maintenance cost. References High-Low method - Calculation of variable cost per unit produced 0 Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit produced Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit produced Total variable costs at the low point Total fixed costs
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