The Sunland Law Office has the following monthly telephone records and costs: Calls Costs 7,700 $4,395 5,400 3,900 7,900 4,690 13,900 8,490 8,000 4,695 7,400 4,195 Identify the fixed and variable cost components using the high-low method. (Round variable cost to 2 decimal places, e.g. 52.75.) High Variable cost $ Fixed cost SA $ Low
The Sunland Law Office has the following monthly telephone records and costs: Calls Costs 7,700 $4,395 5,400 3,900 7,900 4,690 13,900 8,490 8,000 4,695 7,400 4,195 Identify the fixed and variable cost components using the high-low method. (Round variable cost to 2 decimal places, e.g. 52.75.) High Variable cost $ Fixed cost SA $ Low
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...
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![The Sunland Law Office has the following monthly telephone records and costs:
Calls
Costs
7,700
$4,395
5,400
3,900
7,900
4,690
13,900
8,490
8,000
4,695
7,400
4,195
Identify the fixed and variable cost components using the high-low method. (Round variable cost to 2 decimal places, e.g.
52.75.)
Variable cost
Fixed cost
$
tA
High
ta
SA
Low](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fce4c7c26-7609-433b-945b-6c0f77013d2e%2F374dead8-603f-4361-b22a-5d8cbb16d804%2Fmurubgc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Sunland Law Office has the following monthly telephone records and costs:
Calls
Costs
7,700
$4,395
5,400
3,900
7,900
4,690
13,900
8,490
8,000
4,695
7,400
4,195
Identify the fixed and variable cost components using the high-low method. (Round variable cost to 2 decimal places, e.g.
52.75.)
Variable cost
Fixed cost
$
tA
High
ta
SA
Low
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