Question
The following data pertains to activity and maintenance costs for two recent years: Activity level in units Maintenance cost Year 1 12,000 $15,000 Year 2
The following data pertains to activity and maintenance costs for two recent years:
| Activity level in units | Maintenance cost | |
| Year 1 | 12,000 | $15,000 |
| Year 2 | 9,000 | $12,600 |
| Year 3 | 8,000 | $12,000 |
Using the high-low method, the cost formula for maintenance would be:
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Auditing And Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
8th International Edition
1260570517, 978-1260570519
