Factory maintenance (classified as a mixed cost) was $54,000 at 88,000 units produced in February (the...
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Factory maintenance (classified as a mixed cost) was $54,000 at 88,000 units produced in February (the low activity month) and $72,000 at 153,000 units produced in September (the high activity month). Using the high low method, what is the estimated factory maintenance cost if 110,000 units are produced? Factory maintenance (classified as a mixed cost) was $54,000 at 88,000 units produced in February (the low activity month) and $72,000 at 153,000 units produced in September (the high activity month). Using the high low method, what is the estimated factory maintenance cost if 110,000 units are produced?
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To estimate the factory maintenance cost using the highlow method we need to determine the variable ... View the full answer
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