Question
The following information is available for a companys maintenance cost over the last seven months. Month Maintenance Hours Maintenance Cost June 11 $ 5,550 July
The following information is available for a companys maintenance cost over the last seven months. Month Maintenance Hours Maintenance Cost June 11 $ 5,550 July 17 7,000 August 13 5,200 September 16 6,100 October 22 7,000 November 25 8,560 December 7 3,700
Using the high-low method, estimate both the fixed and variable components of its maintenance cost.
I need to know the Total cost at the high point Variable Costs at the high point Volume at the High point Variable Costs per Unit Total variable costs at the high point Total fixed Costs And all of that for the Lows too. Thanks
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