Business, 13.11.2019 02:31 nawaphon1395
Given the following cost and activity observations for smithson company's utilities, use the high-low method to calculate smithson's fixed costs per month. round variable cost per unit to two decimal places in your calculations.
cost machine hours
january $52,200 20,000
february 75,000 29,000
march 57,000 22,000
april 64,000 24,500
(a) $2,530
(b) $22,800
(c) $1,600
(d) $50,600
Answers: 1
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Given the following cost and activity observations for smithson company's utilities, use the high-lo...
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