Question
Need help Please.. Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,000
Need help Please..
Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level.
|
| Miles Driven | Total Cost |
| January | 10,000 | $15,000 |
| February | 8,000 | 13,500 |
| March | 9,000 | 14,400 |
| April | 7,500 | 12,500 |
Compute the variable and fixed cost elements using the high-low method. (Points : 30)
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
