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Business, 16.08.2020 01:01 BigDaddy1220

Willco Inc manufactures electronic parts. They are analyzing their monthly maintenance costs to determine the best way to budget these costs in the future. They have collected the following data for the last 6 months: Machine Hours Maintenance Costs January 30,000 $61,946 February 40,000 $74,500 March 37,500 $65,900 April 39,000 $68,750 May 42,300 $74,000 June 35,000 $64,500 Using the high-low method, what is the fixed cost component of the monthly maintenance.

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