Find expert answers and community insights on IDNLearn.com. Our platform offers comprehensive and accurate responses to help you make informed decisions on any topic.

Manner Inc. has incurred the following overhead costs over a 6 week period: Calculate the approximate fixed cost component of Manner's overhead costs using the high-low method. Group of answer choices $408. $470. $258. $250. $542.

Sagot :

Answer:

250 dollars

Explanation:

Variable cost = 1190-710/94-46

= 480/48

= 10 dollars

Fixed cost = 1190-(10*94)

= 1190-940

= 250 dollars

Fixed cost = 710-(10*46)

= 710-460

= 250 dollars