signment Question 2 The controller of Blossom Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Machine Hours 300 350 Month January February March April May June Total Maintenance Costs $2.860 3,160 3,760 4,660 3,360 5,420 500 690
Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.. 2.25. Variable cost per machine hour Determine the fixed cost components using the high-low method. Total fixed costs Click if you would like to Show Work for this question Show Work vacy Policy. 1.2000-2020 John Wilex & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc.