Answer Happy

The following information is available for a company's maintenance cost over the last seven months. Month June July August September October November December Units Produced 110 170 130 160 220 250 70 Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit produced Total variable costs at the high point Total fixed costs Maintenance Cost $ 4,780 6,400 5,320 6,130 7,750 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit produced Total variable costs at the low point Total fixed costs 8,560 3,700 High-Low method - Calculation of variable cost per unit produced