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Please help asap. The following information is available for a company's maintenance cost over the last se Month Units Produced 90 180 120 150 210
Please help asap. The following information is available for a company's maintenance cost over the last se Month Units Produced 90 180 120 150 210 240 60 Maintenance Cost $ 3,950 5,750 4,550 5,150 6,350 6,950 3,350 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. June July August September October November December Cost at highest volume High-Low method - Calculation of variable cost per unit produced Cost at lowest volume $ Highest volume - Lowest volume Total cost at the highest volume Variable costs at highest volume: Highest volume Variable cost per unit produced Total variable costs at highest volume Total fixed costs Total cost at the lowest volume Variable costs at lowest volume: Lowest volume Variable cost per unit produced $ 240 units 6,950.00 2,150 Variable cost per unit produced = 200 LA 10.75
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