Question
The controller of Dousmann Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs Month Total Maintenance
The controller of Dousmann 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 3094 3938
February 3375 4500
March 4050 6750
April 5063 8888
May 3600 5625
June 5625 9000
Determine the variable cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.)
| Variable cost per machine hour |
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