Month Total Maintenance Cost Production Volume (units)
January $1,880 1,750 units
February $1,800 1,500 units
March $2,200 2,500 units
April $2,120 2,250 units
May $2,300 2,750 units
Using the high-low method, the variable rate for maintenance is:© BrainMass Inc. brainmass.com June 4, 2020, 12:34 am ad1c9bdddf
In the high low method, we take the highest values and the lowest ...
The solution explains the use of high low method to calculate the variable cost.