Question: Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units
Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost July August September October November December Units Produced 18,558 32,992 37,116 22,682 41,240 39,178 $37,116 49,488 56,705 39,178 76,810 63,922 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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