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View Full Version : How to use high/low method, to calculate the amount of projected monthly fixed cost


fateon1
Jul 30, 2009, 12:22 PM
Production in 2005 for Dingy Daytona Dune Buggies was at its highest point in the month of July when 972 units were produced at a cost of $18,448. The low point in production was in January when only 155 units were produced at a cost of $10,667. The company is preparing a budget for 2006 and needs to project expected fixed cost for the budget year. Using the high/low method, calculate the amount of projected monthly fixed costs.

ArcSine
Jul 30, 2009, 02:02 PM
Okay, I did that... now what?

Say, here's a thought: Go check out the forum's Homework Help requirements, then check back in and tell me what you got. We'll compare notes.