Solution-Determine fixed and variable components of repair

Determine fixed and variable components of repair expense

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Reference no: EM133174041

Question - Blue Copy & Printing wants to predict copy machine repair expense at different levels of copying activity (number of copies made). The following data have been gathered:

Copy Machine
Month	Repair Expense	Copies Made
May	$25,690	327,000
June	39,110	533,000
July	64,750	885,000
August	59,410	823,000
September	28,900	380,000

Required - Determine the fixed and variable components of repair expense using the high-low method. Use copies made as the measure of activity.

Reference no: EM133174041

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Determine fixed and variable components of repair expense

Reference no: EM133174041

Reference no: EM133174041

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