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Manner Inc. has incurred the following overhead costs over a 6 week period: Calculate the approximate fixed cost component of Manner's overhead costs using the high-low method. Group of answer choices
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Manner Inc. has incurred the following overhead costs over a 6 week period: Calculate the approximate fixed cost component of Manner's overhead costs using the high-low method. Group of answer choices $408. $470. $258. $250. $542.

User Viswesvar Sekar
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1 Answer

2 votes

Answer:

250 dollars

Step-by-step explanation:

Variable cost = 1190-710/94-46

= 480/48

= 10 dollars

Fixed cost = 1190-(10*94)

= 1190-940

= 250 dollars

Fixed cost = 710-(10*46)

= 710-460

= 250 dollars

User Jacob Gillespie
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