Question
Silver Fox Corp. has collected the following data concerning its maintenance costs. Month Units Cost January 500 $10,000 February 350 $ 7,500 March 100 $
Silver Fox Corp. has collected the following data concerning its maintenance costs.
| Month | Units | Cost |
| January | 500 | $10,000 |
| February | 350 | $ 7,500 |
| March | 100 | $ 2,500 |
| April | 400 | $ 8,000 |
| May | 250 | $ 5,500 |
| June | 200 | $ 5,000 |
Determine the fixed cost portion of the maintenance costs using the high-low method.
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Computerized Accounting With Quickbooks 2018
Authors: James B. Rosa, Kathleen Villani
1st Edition
0763882674, 9780763882679
