Question

You are given the following manufacturing cost data for last year. This data includes the fixed costs as we as the variable costs: units made total costs January 1,197 $101,571 February 1,046 $90,724 March 1,289 $108,925 April 1,114 $99,577 May 1,192 $105,879 June 1,553 $121,239 July 1,399 $115,966 August 1,409 $112,135 September 1,714 $142,939 October 1,478 $118,232 November 1,794 $146,524 December 1,322 $114,027 Using the high-low method, what is your estimate for the fixed costs of production? Please provide the answer to the nearest whole number (zero decimal places). Answer:

          You are given the following
manufacturing cost data for last year.
This data includes the fixed costs as we
as the variable costs:
units made
total costs
January
1,197
$101,571
February
1,046
$90,724
March
1,289
$108,925
April
1,114
$99,577
May
1,192
$105,879
June
1,553
$121,239
July
1,399
$115,966
August
1,409
$112,135
September
1,714
$142,939
October
1,478
$118,232
November
1,794
$146,524
December
1,322
$114,027
Using the high-low method, what is
your estimate for the fixed costs of
production?
Please provide the answer to the
nearest whole number (zero
decimal places).
Answer:

You are given the following
manufacturing cost data for last year.
This data includes the fixed costs as we
as the variable costs:
units made
total costs
January
1,197
101,571
February
1,04690,724
March
1,289
108,925
April
1,11499,577
May
1,192
105,879
June
1,553121,239
July
1,399
115,966
August
1,409112,135
September
1,714
142,939
October
1,478118,232
November
1,794
146,524
December
1,322114,027
Using the high-low method, what is
your estimate for the fixed costs of
production?
Please provide the answer to the
nearest whole number (zero
decimal places).
Answer:

Added by Gerald D.

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