Question
stiever corp. has collected the following data concerning its maintenance costs for the past 6 months. units Produced Total Cost July 18000 32000 August 32000
stiever corp. has collected the following data concerning its maintenance costs for the past 6 months.
| units Produced | Total Cost | |
| July | 18000 | 32000 |
| August | 32000 | 48000 |
| September | 36000 | 55000 |
| October | 22000 | 38000 |
| November | 40000 | 66100 |
| December | 38000 | 62000 |
Compute the variable-and fixed-cost elements using the high-low method.
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Business Accounting An Introduction To Financial And Management Accounting
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
2nd Edition
0230276237, 978-0230276239
