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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
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 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 Total fixed costs 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 foxed costs The following information is available for a company's maintenance cost over the last seven months. Month Units Produced June July 100 190 August 110 September 140 October 200 November 230 December 50 Maintenance Cost $ 4,250 5,960 4,440 5,010 6,150 6,720 3,300 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. The following information is available for a company's maintenance cost over the last seven months. Month Units Produced June July 100 190 August 110 September 140 October 200 November 230 December 50 Maintenance Cost $ 4,250 5,960 4,440 5,010 6,150 6,720 3,300 Using the high-low method, estimate both the fixed and variable components of its maintenance cost
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