Question: points ItemSkipped eBook Check my workCheck My Work button is now enabled 2 Item 3 Problem 2 - 2 6 A ( Algo ) Estimating

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Problem 2-26A (Algo) Estimating fixed and variable cost LO 2-6
Perez Computer Services, Incorporated, has been in business for six months. The following are basic operating data for that period:
MonthJulyAugustSeptemberOctoberNovemberDecemberService hours116138262422318326Revenue$ 6,612$ 7,866$ 14,934$ 24,054$ 18,126$ 18,582Operating costs$ 4,270$ 5,270$ 7,150$ 11,180$ 9,180$ 10,580
Required
What is the average service revenue per hour in each month and the overall average forthe six-month period?
Use the high-low method to estimate the total monthly fixed cost and the variable cost per hour.
Determine the average contribution margin per hour.

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