Determine the fixed and variable cost components


The controller of Dalton Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs.Determine the fixed and variable cost components using the high-low method.

  • January $2,370 300
  • February 3,036 390
  • March 3,590 604
  • April 4,508 789
  • May 3,161 504
  • June 5,022 810

 

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Accounting Basics: Determine the fixed and variable cost components
Reference No:- TGS0705228

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