Current Attempt in Progress The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month January February March April May June Total Maintenance Costs $2,735 3,108 3,730 4,334 3,315 4,603 Total Machine Hours 3,620 4,144 6,216 8,184 5,180 8,290

Current Attempt in Progress The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Determine the fixed cost components using the high-low method. Fixed costs Attempts: 0 of 5 used