Grayson companys high and low level of activity last year, Financial Accounting

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Grayson companys high and low level of activity last year

Grayson Company's high and low level of activity last year was 7,600 units of product produced in May and 3,600 units produced in November. Machine maintenance costs were $16,200 in May and $12,800 in November. Use the high-low method to determine an estimate of the total maintenance cost for a month in which production is expected to be 5,760 units.

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Financial Accounting: Grayson companys high and low level of activity last year

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