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Given the following cost and activity observations for Smithson Company's utilities, use the high- low method to calculate Smithson's fixed costs per month. Round your
Given the following cost and activity observations for Smithson Company's utilities, use the high- low method to calculate Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. January February March April a. $15,600 b. $49,920 c. $12,480 d. $26,520 Cost $26,800 36,400 28,900 31,100 Machine Hours 9,800 18,200 11,900 15,100 Given the following cost and activity observations for Smithson Company's utilities, use the highlow method to calculate Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. a. $15,600 b. $49,920 c. $12,480 d. $26,520
Given the following cost and activity observations for Smithson Company's utilities, use the high- low method to calculate Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. January February March April a. $15,600 b. $49,920 c. $12,480 d. $26,520 Cost $26,800 36,400 28,900 31,100 Machine Hours 9,800 18,200 11,900 15,100
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