Based on the following information, calculate fixed costs per month using the high-low method. ​ ​        Cost      Machine Hours May $56,000 22,000 June 76,000 32,000 July 58,000 26,000 August 66,000 24,000

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Chapter6: Activity-based, Variable, And Absorption Costing
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Problem 1PB: Bobcat uses a traditional cost system and estimates next years overhead will be $800.000, as driven...
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Based on the following information, calculate fixed costs per month using the high-low method.

       Cost

     Machine Hours

May

$56,000

22,000

June

76,000

32,000

July

58,000

26,000

August

66,000

24,000

 

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