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Compute the estimated variable maintenance cost per unit

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Reference no: EM133062943

Question - During the first two months of operations, i.e. January and February 2020, Hamzah Inc. produced 5838 and 8343 units of products respectively. Maintenance costs in those two months were $101160, $172157 respectively. The manager, Umar, initially considered maintenance to be a fixed cost, but by the end of the second month of operations, he realized that maintenance cost is probably a mixed cost. He is expecting production and sales to increase to 18670 in the month of March and as such wants a better prediction of maintenance cost. Using the high-low method, compute the estimated variable maintenance cost per unit?

Reference no: EM133062943

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