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Variable cost using the High- Low Method

by | Dec 1, 2023 | Posted Questions

Variable cost using the High- Low Method

Rooter’s Cleaning Services provided data concerning the
costs incurred to clean hotel rooms for which hotel customers pay $150 per
night. Data for the past 7 months are as follows:

January February March April May June July

Number of rooms cleaned 250 160 200 150 270 170 260

Cleaning cost $6,450 $4,060 $5,100 $4,100 $7,000 $4,200
$6,530

How much are estimated monthly variable costs using the
high-low method?
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