Question
The controller of Carla Vista Industries has collected the following monthly expense data for use in...
The controller of Carla Vista Industries has collected the
following monthly expense data for use in analyzing the cost
behavior of maintenance costs.
|
Month |
Total |
Total |
|||
| January | $2,661 | 3,528 | |||
| February | 3,024 | 4,032 | |||
| March | 3,629 | 6,048 | |||
| April | 4,536 | 7,963 | |||
| May | 3,226 | 5,040 | |||
| June | 4,931 | 8,068 | |||
Determine the variable-cost components using the high-low
method. (Round answer to 2 decimal places e.g.
2.25.)
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