Question
The controller of Carla Vista Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. Total Electricity Costs Total
The controller of Carla Vista Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs.
Total Electricity Costs Total Machine Hours
January $2,450 270
February 3,100 320
March 3,570 450
April 4,700 685
May 3,240 400
June 4,870 800
July 4,120 650
August 3,950 580
September 5,020 670
October 4,260 630
November 3,250 320
December 6,300 820
Determine the fixed-and variable-cost components using the high-low method.
Fixed cost $
Variable cost $
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Top Accounting And Auditing Issues For 2021 CPE Course
Authors: CCH Tax Law Editors
1st Edition
0808055348, 978-0808055341
