Business, 24.04.2020 17:49 dtilton2003
The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,860 300 February 3,160 350 March 3,760 500 April 4,660 690 May 3,360 500 June 5,420 700 (a1) Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e. g. 2.25.) Variable cost per machine hour $ (a2) Determine the fixed cost components using the high-low method. Total fixed costs $
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