Brief Exercise 5-5

Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months.

		Units Produced				Total Cost
July			19,422				$38,844
August			34,528				51,792
September			38,844				59,345
October			23,738				41,002
November			43,160				80,385
December			41,002				66,898

Compute the variable cost per unit using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.)

Variable cost per unit

$

Compute the fixed cost elements using the high-low method.

Fixed costs

$

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