Business, 05.08.2019 20:20 jadenriley8129

Given the following cost and activity observations for smithson company’s utilities, use the high-low method to calculate smithson’s fixed costs per month. do not round intermediate calculations.
cost machine hours
january $52,200 20,000
february 75,000 29,000
march 57,000 22,000
april 64,000 24,500
a. $2,530
b. $22,800
c. $1,600
d. $50,600

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Given the following cost and activity observations for smithson company’s utilities, use the high-lo...

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