Solution-Determine the total fixed and total variable costs

Determine the total fixed and total variable costs

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Reference no: EM133118553

Question - Below is information for Aday Resorts in Tatum, NM. You are required to find the semi-variable costs using the high-low method.

	RM SOLD	REPAIR EXP
January	2500	$1,800
February	3000	$2,000
March	2700	$1,880
April	2600	$1,840
May	2800	$1,920
June	3500	$2,200
July	3700	$2,280
August	3300	$2,120
September	2900	$1,960
October	2700	$1,880
November	2700	$1,880
December	2550	$1,820
TOTAL	34,950	$23,580

Use the High-Low Method to determine the Total Fixed and Total Variable Costs (from the repair expense above) for the year.

Reference no: EM133118553

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Determine the total fixed and total variable costs

Reference no: EM133118553

Reference no: EM133118553

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