Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I cant figure out the right numbers The number of student registrations and the related costs over the last nine months Studihart University are given

I cant figure out the right numbers

image text in transcribedimage text in transcribed
The number of student registrations and the related costs over the last nine months Studihart University are given below: Month Students Registered Costs January 900 $88,000 February 850 $85,000 March 1,900 $188,000 April 2,000 $187,000 May 650 $66,000 June 300 $34,000 July 100 $16,000 August 1200 $120,000 September 150 $15,000Using the high-low method, what amount would Studihart University record for fixed cost per month

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

Students also viewed these Accounting questions