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Machine-Hours 3,135 3,095 3,133 3,157 3,065 3,076 3,084 3,125 3,098 Maintenance Cost March April May $48,340 $47,993 $48,345 $48,548 $47,733 $47,830 $47,880 $48,247 $48,014 June
Machine-Hours 3,135 3,095 3,133 3,157 3,065 3,076 3,084 3,125 3,098 Maintenance Cost March April May $48,340 $47,993 $48,345 $48,548 $47,733 $47,830 $47,880 $48,247 $48,014 June July August September ... October. November .. believes that maintenance cost is a mixed cost that depends on machine-hours. Use the hiah-low method to estimate the varable and fixed components of this cost Compute the variable Manageme component first and round off to the nearest whole cent Compute the fixed component second and round off to the nearest whole dollar These estirmates would be closest to
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