For each of the different costs given below, indicate whether it is a variable, fixed, or mixed cost. Use the high-low technique to estimate the variable cost per unit and the total fixed costs for each.
|
Cost
|
500 hours
|
600 hours
|
|
A
|
$ 450
|
$ 450
|
|
B
|
300
|
350
|
|
C
|
250
|
300
|
|
D
|
1200
|
1400
|
|
E
|
100
|
120
|
|
F
|
1000
|
1000
|
|
G
|
750
|
900
|
|
H
|
44
|
50
|