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1.  Company’s high and low level of activity last year was 70000 units of product produced in...

1.  Company’s high and low level of activity last year was 70000 units of product produced in May and 24000 units produced in November. Machine maintenance costs were $167000 in May and $65800 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 54000 units.

2.In applying the high-low method, what is the fixed cost?

Month Miles Total Cost
January 88000 $192000
February 54000   120000
March 80000   168000
April 94000   200000


$12000
$32000
$72000

$48000

3.If contribution margin is $70000, sales is $120000, and net income is $50000, then variable and fixed expenses are

4.For Coronado Industries, sales is $2000000, fixed expenses are $405000, and the contribution margin per unit is $60. What is the break-even point?

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