Variable rate for maintenance


Problem:

Month Total Maintenance Cost Production Volume (units)

January $1,880 1,750 units
February $1,800 1,500 units
March $2,200 2,500 units
April $2,120 2,250 units
May $2,300 2,750 units

Using the high-low method, the variable rate for maintenance is:

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Accounting Basics: Variable rate for maintenance
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