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The following information is available for a companys maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 100 $ 5,850 July
The following information is available for a companys maintenance cost over the last seven months.
| Month | Units Produced | Maintenance Cost | ||||
| June | 100 | $ | 5,850 | |||
| July | 160 | 9,000 | ||||
| August | 120 | 6,200 | ||||
| September | 150 | 7,250 | ||||
| October | 210 | 9,350 | ||||
| November | 240 | 10,400 | ||||
| December | 60 | 4,100 | ||||
Using the high-low method, estimate both the fixed and variable components of its maintenance cost.
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Management And Compliance Audit A Complete Guide
Authors: Gerardus Blokdyk
2020 Edition
0655927727, 978-0655927723
