Fixed and variable components of its maintenance cost, Accounting Basics

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Fixed and variable components of its maintenance cost

The following information is available for a company's maintenance cost over the last seven months. Using the high-low method, estimate both the fixed and variable components of its maintenance cost

june 20 $6,020

july 48 8,100

aug 24 5,100

sept 38 7,000

oct 42 6,900

nov 36 6,900

dec 12 3,600

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Accounting Basics: Fixed and variable components of its maintenance cost

Reference No:- TGS048644

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Recent Questions Asked Accounting Basics

Q : Confronted by an ethical dilemma

Q : Should the company accept the special order

Q : Determine long-run prices

Q : What was the investors return

Q : Fixed and variable components of its maintenance cost

Q : Assets and the recognition of goodwill

Q : Recognizing on the transfer

Q : Journal entries to record quarks transaction

Q : Prepare multiple-step income statement problem

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Fixed and variable components of its maintenance cost

Reference No:- TGS048644

Recent Questions Asked Accounting Basics

Q : Confronted by an ethical dilemma

Q : Should the company accept the special order

Q : Determine long-run prices

Q : What was the investors return

Q : Fixed and variable components of its maintenance cost

Q : Assets and the recognition of goodwill

Q : Recognizing on the transfer

Q : Journal entries to record quarks transaction

Q : Prepare multiple-step income statement problem

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