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Using the high-low method, the monthly fixed component of maintenance cost is? Month Total Maintenance Cost Production Volume (units) Jan. $1,880 1,750 units Feb. $1,800
Using the high-low method, the monthly fixed component of maintenance cost is?
Month | Total Maintenance Cost | Production Volume (units) |
Jan. | $1,880 | 1,750 units |
Feb. | $1,800 | 1,500 units |
March | $2,200 | 2,500 units |
April | $2,120 | 2,250 units |
May | $2,300 | 2,750 units |
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