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The Butler Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Butler Company uses
The Butler Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Butler Company uses the high-low method and has decided to use it in this situation. Month Cost Hours January $40,000 $3,500 February $24,400 $2,000 March $31,280 $2,450 April $36,400 $3,000 May $44,160 $3,900 June $42,400 $3,740 What is the estimated total cost at an operating level of 2,850 hours?
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