Question: a.)determine fixed and variable cost components using the high-low method. The controller of Sandhill Production has collected the following monthly expense data for analyzing the

a.)determine fixed and variable cost components using the high-low method.

The controller of Sandhill Production has collected the following monthly expense data for analyzing the cost behavior of electricity costs. January February March April May June July August September October November December Total Electricity Costs $2.680 3,010 3,600 4,750 3,160 4,970 4,050 3,810 5.110 4,200 3.220 7.000 Total Machine Hours 270 320 450 690 420 730 630 590 670 610 320 750

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