Try another version of these questions
Given the following mixed costs data:
| January | $610 | 18 |
| February | $680 | 21 |
| March | $1,030 | 30 |
| April | $1,020 | 32 |
| May | $540 | 16 |
| June | $650 | 20 |
Based on the high/low method, what is the variable cost component?
Box 1: Select the best answer
$30
Given the following mixed costs data:
| January | $1,220 | 90 |
| February | $1,360 | 105 |
| March | $2,060 | 150 |
| April | $2,040 | 160 |
| May | $1,080 | 80 |
| June | $1,300 | 100 |
Based on the high/low method, What is the fixed cost component?
Box 1: Select the best answer
$120