Question: Using the high-low method and the information below, compute the monthly variable cost per telephone hour for SKP Corporation. Telephone Hours Telephone Month Used Expenses

Using the high-low method and the information below, compute the monthly variable cost per telephone hour for SKP Corporation.


Telephone Hours

Telephone

Month

Used

Expenses

    April

100

$4,500

    May

110

4,800

    June

150

5,400


$18

$36

$34.64

$45

Using the information in #22 above, determine the monthly fixed costsfor telephone expenses SKP Corporation.

$1,800

$2,700

$3,640

$4,500

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