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Harbor Images has collected the following cost data for various levels of activity: Month August September October November Required: Images Created 6,000 7,750 8,100

 

Harbor Images has collected the following cost data for various levels of activity: Month August September October November Required: Images Created 6,000 7,750 8,100 4,500 Total Cost $ 5,700 6,320 9,210 5,250 a. Using the high-low method, determine the variable cost per image created and the total fixed cost per month. Note: Round your variable cost to 2 decimal places. b. Estimate the total cost when 6,500 images are created. Note: Do not round your intermediate calculations. a. Variable Cost a. Fixed Cost b. Total Costs per image per month

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