Question - For each of the six different costs (A, B, .... , F} given belong Indicate whether It la a variable, fixed, or mixed coat with regard to machine hours. Use the high-low technique to estimate the variable cost per machine hour and the total fixed costs for each.
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Cost
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100 hours
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125 hours
|
|
A
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$1,000
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$1,000
|
|
B
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$4,000
|
$5,000
|
|
C
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$14,000
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$14,0000
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|
D
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$9,000
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$11,250
|
|
E
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$10,000
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$12,000
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|
F
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$5,000
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$6,250
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