Determine Smithson fixed costs per month

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Question - Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to determine Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations.

 

Cost

Machine Hours

January

$26,400

9,600

February

35,600

17,600

March

29,000

12,100

April

30,600

15,500

a. $12,288

b. $49,152

c. $15,360

d. $26,112

Reference no: EM133074187

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