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Demonstrate the variable and fixed cost elements

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Reference no: EM132526531

Westerville Corp. has collected the following data concerning its maintenance cost for the past 6 months.

                       Units Produced                       Total Cost

July                   18,000                             32,000

August              32,000                              48,000

September          36,000                            55,000

October              22,000                           38,000

November           40,000                          65,000

December             38,000                        62,000

Question 1: Compute the variable and fixed cost elements using the high low method.

Reference no: EM132526531

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