The following are the maintenance costs of Al-Aqsa Trading Company during the first four months of...

 

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The following are the maintenance costs of Al-Aqsa Trading Company during the first four months of the year 2022 month maintenance hours maintenance costs 8 9 10 11 5000 7100 8000 6200 7400 8500 9800 7000 FORM Required: use high- the low method to determine the cost equation and estimate the maintenance costs at the level of 9000 hours for the month of 12/2022 Solution: use the following steps: 1. Determine the highest-lowest level of activity and then determine the opposite costs 2. Determine the variable cost (slope) 3. Determine fixed cost. 4. Determine the cost equation. 5. Predict cost at 9000 hours for 12/2022. The following are the maintenance costs of Al-Aqsa Trading Company during the first four months of the year 2022 month maintenance hours maintenance costs 8 9 10 11 5000 7100 8000 6200 7400 8500 9800 7000 FORM Required: use high- the low method to determine the cost equation and estimate the maintenance costs at the level of 9000 hours for the month of 12/2022 Solution: use the following steps: 1. Determine the highest-lowest level of activity and then determine the opposite costs 2. Determine the variable cost (slope) 3. Determine fixed cost. 4. Determine the cost equation. 5. Predict cost at 9000 hours for 12/2022.

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Step 1 Deter mine highest low est level of activity H... View the full answer