Determine variable and fixed cost components using the high-low method. BE2.8 (LO 3) Westerville Corp. has collected the following data concerning its maintenance costs for the past six months: Units Produced Total Cost July 18,000 $32,000 August 32,000 48,000 September 36,000 55,000 October 22,000 38,000 November 40,000 65,000 December 38,000 62,000 Calculate the variable and fixed cost components using the high-low method.
Determine variable and fixed cost components using the high-low method. BE2.8 (LO 3) Westerville Corp. has collected the following data concerning its maintenance costs for the past six months: Units Produced Total Cost July 18,000 $32,000 August 32,000 48,000 September 36,000 55,000 October 22,000 38,000 November 40,000 65,000 December 38,000 62,000 Calculate the variable and fixed cost components using the high-low method.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Determine variable and fixed cost components using the high-low method.
BE2.8 (LO 3) Westerville Corp. has collected the following data concerning its maintenance costs
for the past six months:
Units Produced
Total Cost
July
18,000
$32,000
August
32,000
48,000
September
36,000
55,000
October
22,000
38,000
November
40,000
65,000
December
38,000
62,000
Calculate the variable and fixed cost components using the high-low method.
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