What is the fixed cost per month M Company's highest point of the total cost was $83,000 in June.Their point lowest cost was $69,000 in January. The company makesa single product. Production volumes in June and January were18,000 and 9,000 units, respectively. What is the fixed cost permonth?

Fixed Cost per month will be calculated using the High-Low Method Calculation of Variable Cost per…

Answered: M Company's highest point of the total…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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M Company's highest point of the total cost was $83,000 in June. Their point lowest cost was $69,000 in January. The company makes a single product. Production volumes in June and January were 18,000 and 9,000 units, respectively. What is the fixed cost per month?