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B1 compute the fixed cost elements using the high low method Fixed costs $ Markowis Corp. has collected the following data concerning its maintenance costs

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B1 compute the fixed cost elements using the high low method

Fixed costs $

Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months Units uly August September October November December Produced 19,152 34,048 38,304 23,408 42,560 40,432 Total Cost $38,304 51,072 58,520 40,432 79,268 65,968 (a1) Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per unit

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