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    fateon1's Avatar
    fateon1 Posts: 1, Reputation: 1
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    #1

    Jul 30, 2009, 12:22 PM
    How to use high/low method, to calculate the amount of projected monthly fixed cost
    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's Avatar
    ArcSine Posts: 969, Reputation: 106
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    #2

    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.
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