Question: 3 QS 18-4 (Static) Measuring costs using high-low method LO P1 The following information is available for a company's maintenance cost over the last seven
3 QS 18-4 (Static) Measuring costs using high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months Paintenance Cost 10 => Penth June its Produced July 100 Septreber 158 218 " 6,000 0,900 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High Low method Calculation of variable cost per un produce Total cos Total cost at high point Vatable casts at the high point Volume at the high point Vatable cast per un produced Total variable casts at the high point Tatal ad cats Total cast at the low point Valable costs at the low point Volume at the low point Vatable cast per unit produced Total variable costs at the low point Tatal feed coots QS 18-4 (Static) Measuring costs using high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months Maintenance Cost 1 pont Month Units Produced Swoped June July 188 August September 120 150 October November 210 240 60 01 $5.450 6,900 5,100 6,000 6,900 8,100 3,600 December 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 Total cost 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 and costs port QS 18-4 (Static) Measuring costs using high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months. Maintenance Cost Month June Units Produced July 100 August 120 September 150 October 210 November December 240 60 eferences $5,450 6,900 5,100 6,000 6,900 8,100 3,600 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 Total cost Total cost at the high point Valable costs at the high point Volume at the high point Valable cost per unit produced Tatal variable costs at the high point Total fleed 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 fixed costs