Question
Please show work Copy Machine Month Repair Expense Copies Made May $24,340 305,000 June $36,780 497,000 July $74,670 1,024,000 Aug $49,450 678,000 Sep $31,120 409,000
Please show work
Copy Machine
Month Repair Expense Copies Made
May $24,340 305,000
June $36,780 497,000
July $74,670 1,024,000
Aug $49,450 678,000
Sep $31,120 409,000
Determine fixed and variable components of repair expense using the high-low method. Use copies made as the measure of activity.
Variable component $_______ per copy
Fixed component $______ per month
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
11th Edition
1119594596, 978-1119594598
