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The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance
The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,643 3,500 February 3,003 4,004 March 3,604 6,006 April 4,505 7,908 May 3,203 5,005 June 4.668 8,000 Determine the fixed cost components using the high-low method. Fixed costs $ 69
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