Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost
July 18,000 $36,000
August 32,000 48,000
September 36,000 55,000
October 22,000 38,000
November 40,000 74,500
December 38,000 62,000

Required:
Compute the variable and fixed cost elements using the high low method.

Variable cost per unit= $1.75

Fixed costs= $4,500

Explanation:

Giving the following information:

Units Produced Total Cost

July 18,000 $36,000

August 32,000 48,000

September 36,000 55,000

October 22,000 38,000

November 40,000 74,500

December 38,000 62,000

To calculate the variable and fixed costs under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (74,500 - 36,000) / (40,000 - 18,000)

Variable cost per unit= $1.75

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 74,500 - (1.75*40,000)

Fixed costs= $4,500

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 36,000 - (1.75*18,000)

Fixed costs= $4,500

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; (a) calling people who have not shown interest in the product and asking them to buy it;