Answered: The total cost for Bramston Equipment…

The total cost for Bramston Equipment Co. was: High: $88,000 for 14,000 units (July) Low: $63,000 for 9,000 units (December) What is the fixed cost per month using the high-low method?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...

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Question

Please provide solution this general accounting question

The total cost for Bramston Equipment Co.
was:
High: $88,000 for 14,000 units (July)
Low: $63,000 for 9,000 units (December)
What is the fixed cost per month using the
high-low method?

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