Company ABC Output (Units) TABLE 1 Company IJK Company XYZ Month Total Costs Output Total Costs Output Total Costs (RM)
Posted: Thu May 05, 2022 8:04 am
Company ABC Output (Units) TABLE 1 Company IJK Company XYZ Month Total Costs Output Total Costs Output Total Costs (RM) (Units) (RM) (Units) (RM) January 500 4,175.00 633 3,776.95 1,200 3,431.00 February 800 5,744.00 522 3,316.30 1,300 3,549.00 March 600 4,698.00 542 3,399.30 1,500 3,785.00 April 850 6,005.50 953 5,104.95 1,650 3,962.00 May 650 4,959.50 765 4,324.75 1,580 3,879.40 June 525 4,305.75 405 2,830.75 1,350 3,608.00 July 860 6,057.80 683 3,984.45 1,150 3,372.00 August 750 5,482.50 605 3,660.75 1,680 3,997.40 September 765 5,560.95 813 4,523.95 1,465 3,743.70 October 580 4,593.40 655 3,868.25 1,842 4,188.56 November 685 5,142.55 837 4,623.55 1,531 3,821.58 December 700 5,221.00 605 3,660.75 1,805 4,144.90 Using the high-low method, calculate: a) the variable costs for Company ABC, IJK and XYZ. b) the fixed costs for Company ABC, IJK and XYZ.