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Use the following data and the high-low method to determine total fixed costs: Units Total Produced Costs January 1000 $45,550 February 1500 $52,000 March 2100
Use the following data and the high-low method to determine total fixed costs:
| Units | Total | |
| Produced | Costs | |
| January | 1000 | $45,550 |
| February | 1500 | $52,000 |
| March | 2100 | $61,500 |
| April | 1800 | $62,000 |
| May | 750 | $41,250 |
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Financial Accounting An International Perspective
Authors: Arne Kinserdal
2nd Edition
0273631543, 978-0273631545
