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Determine variable- and fixed-cost components using the high-low method. 1. (LO 2) Benji Company accumulates the following data concerning a mixed cost, using mile
Determine variable- and fixed-cost components using the high-low method. 1. (LO 2) Benji Company accumulates the following data concerning a mixed cost, using mile January February Compute the variable-cost and fixed-cost components using the high-low method. March April Determine fixed-cost and variable-cost components using the high-low method and prepare graph. 1. (LO 1, 2) The controller of Teton Industries has collected the following monthly cost data for use in analyzing th Month January Total Maintenance Costs $2,900 February 3,000 March 3,600 April 4.300 May 3,200 June 4.500 Instructions a. Determine the fixed-cost and unit variable-cost components using the high-low method. 4. Dete ble-cost components using the high-low method. 2. (LO 3) Determine the missing amounts. Unit Selling Price Unit Variable Costs 1 $800 $520 500 (c) (e) (f) U
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