Question: Determine the fixed cost components using the high-low method. Total fixed costs $ Month January February March April May June (a1) Total Maintenance Costs

Determine the fixed cost components using the high-low method. Total fixed costs

$ Month January February March April May June (a1) Total Maintenance Costs

Determine the fixed cost components using the high-low method. Total fixed costs $ Month January February March April May June (a1) Total Maintenance Costs $2,376 2,640 3,168 3,960 2,816 4,840 Your answer is correct. Total Machine Hours 264 Variable cost per machine hour $ 308 440 608 352 616 Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) 7

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