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MrRa [10]
3 years ago
6

Swan, Inc. uses the high-low method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, tot

al maintenance costs averaged $37.30 per hour. When activity jumped to 25,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $31.30.
Business
1 answer:
Reptile [31]3 years ago
5 0

Answer:

7.3

Explanation:

37.30 × 20,000 = $746,000

31.30× 25000 =$782,500

$746,000-$782,500 = $36,500

36,500/ 5,000 = 7.3

Note:

25,000-20 000= 5,000

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Answer:

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