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Question: Figure 3-5 Ron Swanson Company makes wood flutes. The company controller wants to calculate the f...

figure 3-5

Ron Swanson Company makes wood flutes. The company controller wants to calculate the fixed and variable costs associated with the finishing costs incurred in the factory.

Date for the past four months were collected.

Month - Finishing costs - Machine hours

January - $15000 - 600

February- 9750 - 250

March - 9700 - 300

April - 14800 - 580

Refer ro figure 3-5. Using the high-low method caculate the fixed cost of the finishing services