Question
Cullumber Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 19,900 $44,670 August 35,392
Cullumber Corp. has collected the following data concerning its maintenance costs for the past 6 months.
| Units Produced | Total Cost | |||||||
|---|---|---|---|---|---|---|---|---|
| July | 19,900 | $44,670 | ||||||
| August | 35,392 | 53,088 | ||||||
| September | 39,816 | 60,830 | ||||||
| October | 24,332 | 47,356 | ||||||
| November | 44,240 | 82,397 | ||||||
| December | 42,028 | 68,572 | ||||||
Compute the fixed cost elements using the high-low method.
Fixed costs $ ______________
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
