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Lesson 10 HW (Graded) 0 Saved Help Save & Ex Chec 2 The following information is available for a company's maintenance cost over the last
Lesson 10 HW (Graded) 0 Saved Help Save & Ex Chec 2 The following information is available for a company's maintenance cost over the last seven months. 10 points Month June July August September October November December Units Produced 100 190 110 140 200 230 50 Maintenance Cost $ 5,250 7,860 5,540 6,410 8,150 9,020 3,800 eBook Using the high-low method, estimate both the fixed and variable components of its maintenance cost. Print High-Low method - Calculation of variable cost per unit produced Cost at high point minus cost at low point Volume at high point minus volume at low point Change in cost Change in volume 0 References 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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