ACCT FINAL REVIEW (MANAGERIAL)

Question 1 Forecasting using high Low method (Example only. Please go through all problems given in class Month Patient day 5,600 7,100 5,000 6,500 7,300 8,000 6,200 Maintenance costs $7,900 8,500 7,400 8,200 9,100 9,800 7,800 1 4 6 7 Required If the expected were 8,500 patient days, what is the forecasted maintenance cost