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Calculate the fixed cost element using the high-low method

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Reference no: EM132571573

Question - Westerville Corp. has collected the following data concerning its maintenance costs for the past six months:

Units Produced Total Cost

July 17,200 $29,836

August 32,900 48,400

September 36,300 55,500

October 22,700 38,400

November 40,400 65,100

December 38,100 63,000

Required -

1. Calculate the variable cost per unit using the high-low method.

2. Calculate the fixed cost element using the high-low method.

Reference no: EM132571573

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