The controller of Carla Vista 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 $3,173 4,210 February 3,606 4,808 March 4,327 7,212 April 5,409 9,496 May 3,846 6,010 June 5,878 9,620
(a) Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.)
Variable cost per machine hour
(b) Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.)
Fixed costs

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04-05-2021
Business

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The controller of Carla Vista 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 $3,173 4,210 February 3,606 4,808 March 4,327 7,212 April 5,409 9,496 May 3,846 6,010 June 5,878 9,620
(a) Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.)
Variable cost per machine hour
(b) Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.)
Fixed costs

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