Mathematics · Cost Accounting & High-Low Method
The maintenance costs of a factory have a constant variable element per unit and a fixed element. The fixed element steps up by $30,000 when 32,000 or more units are produced. At 28,000 units, the total cost is $160,000. At 34,000 units, the total cost is $208,000. What would be the total cost for 29,000 units and 35,000 units respectively?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$296,000 and $181,000
- 2$296,000 and $344,000
- 3$163,000 and $181,000
- 4$163,000 and $211,000✓
Correct answer
$163,000 and $211,000
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