Question: Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,918 $37,836 August 33,632
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,918 $37,836 August 33,632 50,448 September 37,836 57,805 October 23,122 39,938 November 42,040 78,299 December 39,938 65,162
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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