The controller of dugan industries has collected the

Reference no: EM13612962

The controller of Dugan Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,400 300 February 3,000 400 March 3,600 600 April 4,500 790 May 3,200 500 June 4,900 800 Instructions Determine the fixed and variable cost components using the high-low method.

Reference no: EM13612962

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