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The following information is available for a company's maintenance cost over the last seven months. Maintenance Cost Month Units Produced Book Print June 90
The following information is available for a company's maintenance cost over the last seven months. Maintenance Cost Month Units Produced Book Print June 90 July 180 August 120 September 150 October 210 November 240 ferences 60 $ 5,450 6,900 5,100 6,000 6,900 8,100 3,600 December Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per unit produced Total cost at the highest volume Variable costs at highest volume: Highest volume Variable cost per unit produced Total variable costs at highest volume Total fixed costs Total cost at the lowest volume Variable costs at lowest volume: Lowest volume. Next
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