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For the current year, Furniture Company incurred the following: Month Delivery Costs # of Deliveries April $60,200 250 May 57,500 275 June 80,800 400 July
For the current year, Furniture Company incurred the following:
Month | Delivery Costs | # of Deliveries |
April | $60,200 | 250 |
May | 57,500 | 275 |
June | 80,800 | 400 |
July | 45,000 | 150 |
August | 65,000 | 200 |
September | 55,000 | 100 |
October | 62,000 | 350 |
November | 50,550 | 125 |
December | 45,850 | 175 |
Using the high-low method to analyze mixed costs and the data above, what is the estimate of Delivery Costs at 450 deliveries? Round calculations to two decimals.
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