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I ne Tollowing Information Is available for a company's maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 110 $ 5,

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I ne Tollowing Information Is available for a company's maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 110 $ 5, 050 July 170 6, 850 August 130 5, 650 September 160 6,550 October 220 8 , 350 November 250 9 , 250 December 70 3, 850 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per unit produced Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit produced Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit produced Total variable costs at the low point Total fixed costs

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