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    Accounting: HIg-low method, cost analysis.

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    The controller of Dugan Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs.

    MONTH- MAINTENANCE COST 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

    Prepare a graph showing the behavior of maintenance costs, and identify the fixed and variable cost elements. Use 200 unit increments and $1,000 cost increments.

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    https://brainmass.com/business/finance/accounting-hig-low-method-cost-analysis-347973

    Solution Summary

    The problem deals with determining the fixed and variable cost of a given series of values and also the cost behavior.

    $2.19

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