The Kochen Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Required:
Using the high-low method determine the forecasted cost for July if the number of hours used is expected to be 3,000.

Question

The Kochen Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable.  Required:
Using the high-low method determine the forecasted cost for July if the number of hours used is expected to be 3,000.

Quizplus · Accepted Answer

The Answer of The Kochen Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable.  Required:
Using the high-low method determine the forecasted cost for July if the number of hours used is expected to be 3,000.

The Kochen Company Has Assembled the Following Data Pertaining to Certain