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Month Total Maintenance Cost Production Volume (units) January $ 1,880 1,750 units February $ 1,800 1,500 units March $ 2,200 2,500 units April $ 2,120
Month | Total Maintenance Cost | Production Volume (units) | ||||
January | $ | 1,880 | 1,750 | units | ||
February | $ | 1,800 | 1,500 | units | ||
March | $ | 2,200 | 2,500 | units | ||
April | $ | 2,120 | 2,250 | units | ||
May | $ | 2,300 | 2,750 | units | ||
Using the high-low method, the monthly fixed component of maintenance cost is:
$1,600.
$1,200.
$1,100.
$1,300.
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