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The following information is available for a company's maintenance cost over the last seven months Month June July August September October November December Units Produced
The following information is available for a company's maintenance cost over the last seven months Month June July August September October November December Units Produced 110 170 130 160 220 250 70 Maintenance cost 5 2.970 5,050 4.330 4,870 5,950 6.490 3,250 Using the high-low method, estimate both the fixed and variable components of its maintenance cost Change in cont Change in volume High-Low method - Calculation of variable cost per maintenance hour Cost of high point minun contattow point Variable cont per unit produced Volume at high point minun volume at low point 100 Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per unit produced Total variable costs at the high point Totalfoved to Total cost at the low point Varate costs the low point Using the high-low method, estimate both the fixed and variable components of its maintenance cost. Change in cost Change in volume High-Low method - Calculation of variable cost per maintenance hour Cost at high point minus cost at low point Variable cost per unit produced Volume at high point minus volume at low point 1801 Total cost at the high point Variable costs at the high point Volume at the high point Variable cont per unit produced Total variable costs at the high point Total found out Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per unit produced Total variable costs at the low point Total fixed costs
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