Question: What is the total fixed cost using the High-Low Method if the variable cost per unit was 67 cents? Labour hours Repair Expense 1,450 $1,300

What is the total fixed cost using the High-Low Method if the variable cost per unit was 67 cents?

Labour hours Repair Expense
1,450 $1,300
1,020 $1,400
500 $700

Select one:

A.

$365

B.

$754.20

C.

$716.60

D.

$328.50

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!