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Problem 6 A - 7 ( Algo ) Cost Behavior; High - Low Method; Contribution Format Income Statement [ L 0 6 - 1 0

Problem 6A-7(Algo) Cost Behavior; High-Low Method; Contribution Format Income Statement [L06-10]
Morrisey & Brown, Limited, of Sydney is a merchandising company that is the sole distributor of a product that is increasing in popularity among Australian consumers. The company's income statements for the three most recent months follow:
\table[[\table[[Morrisey & Br],[Income St],[For the Three Months]],\table[[Wn, Limited],[tements],[Ended September],[July]],\table[[30],[August]],September],[Sales in units,4,250,4,750,5,250],[Sales,$446,250,$498,750,$551,250
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