Hi. This one is a short one. Relevant Range and High-Low Method.

Relevant Range and HighLow Method The following selected data relate to the major cost categories experienced by Sterling Company at varying levels of operating volumes. Assuming that all operating volumes are within the relevant range, calculate the appropriate costs in each column in which blanks appear: Total Cost (@ 5,000 Units) Direct labor (variable) Total Cost (@ 6,000 units) $60,000 $72,000 Factory supervision (semi-variable) 20,000 22,000 Factory depreciation (fixed) 18,000 18,000 Variable Cost per Unit $Answer Total Fixed Cost Total Cost (@ 7,000 units) $Answer $Answer $Answer $Answer $Answer $Answer $Answer $