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drwalkinboner drwalkinboner
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A year ago

The following data pertains to activity and maintenance cost for two recent periods:

Activity level (units)8,0007,000
Maintenance cost$ 34,000$ 31,500

Maintenance cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for maintenance cost is: (Round your intermediate calculations to 2 decimal places.)



▸ Y = $4.25 X

▸ Y = $14,000 + $2.50 X

▸ Y = $2,500 + $4.25 X

▸ Y = $4.50 X
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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kinnigitkinnigit
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A year ago
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drwalkinboner Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
djeghri
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Yesterday
Thanks
my2redeyes
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2 hours ago
this is exactly what I needed
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