Question: what is the variable cost per hour? what is the total fixed maintenance cost? High-Low Analysis Practice DFC Manufacturing produces floor mats for automobiles The
High-Low Analysis Practice DFC Manufacturing produces floor mats for automobiles The owner Julio Diamond, has anked you to assist in stating mantenance costs. Together you and Julio determine that the single borst cost driver for maintenance costs es machine hours. These data are from the prevous fiscal year for martinarice costs and machine hours Month Maintenance Costs Machine Hours $ 2,600 1,690 2,760 1.770 2.910 1.850 3,020 1.870 3,100 1.900 6 3,070 1.880 7 3,010 1,860 2,850 1,840 2,620 1,700 10 2,220 1.100 2.230 1,300 12 2,450 1.590 B 9 11 Use the high low method to calculate the cost equation for maintenance costs Check your answers using the pop-up activity below
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