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The following information is available for a company's maintenance cost over the last seven months....

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Accounting

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The following information is available for a company's maintenance cost over the last seven months. Month Maintenance Hours Maintenance Cost June July August September October November 18 12 15 21 24 $5,350 6, 800 5,000 5,900 6,800 7,640 3,500 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High-Low method- Calculation of variable cost per unit 4.140Variable cost per unit S 230.00 Cost at high point minus cost at low.point Volume at high point minus volume at low point Change in cos 18 Change in volume 7,640.00 Total cost at the high point Variable costs at the high point: Volume at the high point: 24 hours Variable cost per unit 230.00 Total variable costs at the high point Total fixed costs Total cost at the low point 3,500.00 Variable costs at the low point Volume at the low point: Variable cost per unit Total variable costs at the low point Total fxed costs

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