Question: please show calculations as well High-Low Method Estimation Donner Company would like to estimate the variable and fixed components of its maintenance costs and has
High-Low Method Estimation Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for six months of operations. Requirement 1: Using the high-low method of analysis, estimate variable cost per labor hour for maintenance. Round to 2 decimal places. 5 Requirement 2: High-low method of analysis continued. Using the value calculated in Requirement 1, calculate the total fixed cost per month for maintenance. Round to 2 decimal places. $
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