Business, 22.02.2021 19:20 rostecorralmart
The controller of Oriole 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 $3,105 4,116
February 3,528 4,704
March 4,234 7,056
April 5,292 9,290
May 3,763 5,880
June 5,750 9,406
1. Determine the variable-cost components using the high-low method.
2. Determine the fixed cost components using the high-low method.
Answers: 3
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The controller of Oriole Industries has collected the following monthly expense data for use in anal...
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