High-Low Method to Determine Fixed Cost and Variable Rate McGarvey Manufacturing Company had the following 12 months of data on purchasing cost and number of purchase orders. Number of Purchase Orders.

Month: January February March April May June July August September October November December

Purchasing Cost: $19,250 18,040 18,200 18,050 19,345 19,500 19,670 21,400 19,430 20,020 18,800 19,340

Number of Purchase Orders: 370 320 340 410 400 450 460 600 440 570 470 480

High-Low Method to Determine Fixed Cost and Variable Rate McGarvey Manufacturing Company had the following 12 months of data on purchasing cost and number of purchase orders. High-Low Method to Determine Fixed Cost and Variable Rate McGarvey Manufacturing Company had the following 12 months of data on purchasing cost and number of purchase orders