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Month Total Maintenance Cost Production Volume (units) January $ 1,980 1,850 units February $ 1,800 1,500 units March $ 2,200 2,600 units April $ 2,180

Month Total Maintenance Cost Production Volume (units)
January $ 1,980 1,850 units
February $ 1,800 1,500 units
March $ 2,200 2,600 units
April $ 2,180 2,275 units
May $ 2,300 2,750 units

Using the high-low method, the monthly fixed component of maintenance cost is:

Multiple Choice

  • $1,300.

  • $1,600.

  • $1,200.

  • $1,100.

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