Vista Company's records show the following information for the first six months of 2013. $\begin{array} { l c c }
\text { Month } & \text { Direct Labor Hours } & \text { Utilities Cost } \
\text { January } & 6,000 & \$ 3,700 \
\text { February } & 3,400 & 2,500 \
\text { March } & 4,200 & 2,600 \
\text { April } & 3,800 & 2,800 \
\text { May } & 2,900 & 2,400 \
\text { June } & 2,800 & 2,100
\end{array}$ 1. What are the variable costs per hour using the high-low point method?
2. What are the fixed costs per month using the high-low point method?

Question

Vista Company's records show the following information for the first six months of 2013. $\begin{array} { l c c } 
\text { Month } & \text { Direct Labor Hours } & \text { Utilities Cost } \
\text { January } & 6,000 & \$ 3,700 \
\text { February } & 3,400 & 2,500 \
\text { March } & 4,200 & 2,600 \
\text { April } & 3,800 & 2,800 \
\text { May } & 2,900 & 2,400 \
\text { June } & 2,800 & 2,100
\end{array}$ 1. What are the variable costs per hour using the high-low point method?
2. What are the fixed costs per month using the high-low point method?

Quizplus · Accepted Answer

The Answer of Vista Company's records show the following information for the first six months of 2013. $\begin{array} { l c c } 
\text { Month } & \text { Direct Labor Hours } & \text { Utilities Cost } \
\text { January } & 6,000 & \$ 3,700 \
\text { February } & 3,400 & 2,500 \
\text { March } & 4,200 & 2,600 \
\text { April } & 3,800 & 2,800 \
\text { May } & 2,900 & 2,400 \
\text { June } & 2,800 & 2,100
\end{array}$ 1. What are the variable costs per hour using the high-low point method?
2. What are the fixed costs per month using the high-low point method?

Vista Company's Records Show the Following Information for the First