Question
Month Total Monthly Utility Costs Total Direct Labor Hours January $4,500 7,900 February 4,900 8,000 April 2,900 3,000 May 3,600 6,000 June 3,200 5,00 July
Month Total Monthly Utility Costs Total Direct Labor Hours
January $4,500 7,900
February 4,900 8,000
April 2,900 3,000
May 3,600 6,000
June 3,200 5,00
July 3,000 4,000
Using the High/Low method, calculate the fixed and variable cost components for monthly utilities using the above information.
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
