Business, 31.07.2019 21:10 daebreonnakelly

Qs 18-3 cost behavior estimation-high-low method lo p1 the following information is available for a company’s maintenance cost over the last seven months. month maintenance hours maintenance cost june 9 $ 5,450 july 18 6,900 august 12 5,100 september 15 6,000 october 21 6,900 november 24 8,100 december 6 3,600 using the high-low method, estimate both the fixed and variable components of its maintenance cost. rev: 04_05_2018_qc_cs-123817

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