Figure 3-5. Maxwell Company makes treadmills.The company controller wants to calculate the fixed and variable costs associated with the janitorial costs incurred in the factory.Data for the past four months were collected.
Refer to Figure 3-5.Using the high-low method calculate the fixed cost of the janitorial services
A)$4,080
B)$7,320
C)$6,120
D)none of these are correct

Question

Figure 3-5. Maxwell Company makes treadmills.The company controller wants to calculate the fixed and variable costs associated with the janitorial costs incurred in the factory.Data for the past four months were collected.
 Refer to Figure 3-5.Using the high-low method calculate the fixed cost of the janitorial services
A)$4,080 
B)$7,320 
C)$6,120 
D)none of these are correct

Quizplus · Accepted Answer

The Answer of Figure 3-5. Maxwell Company makes treadmills.The company controller wants to calculate the fixed and variable costs associated with the janitorial costs incurred in the factory.Data for the past four months were collected.
 Refer to Figure 3-5.Using the high-low method calculate the fixed cost of the janitorial services
A)$4,080 
B)$7,320 
C)$6,120 
D)none of these are correct