Question: ble (d) Indicate the nxeu W1 W E18-3 The controller of Furgee Industries has collected the following monthly data for use in analyzing the cost
ble (d) Indicate the nxeu W1 W E18-3 The controller of Furgee Industries has collected the following monthly data for use in analyzing the cost behavior of maintenance costs. Total Total Month Maintenance Costs Machine Hours January $2,500 300 350 3,000 February 3,600 500 March April 4,500 690 May 3,200 June 4,900 400 700 sing the high-low method. Instructions (a) Determine the fixed- and variable-cost components using the high-loy (b) Prepare a graph showing the behavior of maintenance costs, and fixed- and variable-cost elements. Use 100-hour increments and increments. costs, and identify the ements and $1,000 cost
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