Figure 3-3.Okafor Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected.
-Refer to Figure 3-3. Using the high-low method calculate the fixed cost of leasing

Question

Figure 3-3.Okafor Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected. 
-Refer to Figure 3-3. Using the high-low method calculate the fixed cost of leasing

Quizplus · Accepted Answer

The Answer of Figure 3-3.Okafor Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected. 
-Refer to Figure 3-3. Using the high-low method calculate the fixed cost of leasing