The following are monthly totals taken from the log of laser printer used by the Hardcopy Printing International.Cost was based on a flat fee plus a declining cost per copy made after a minimum number of copies had been made each month.
To differentiate the variable and fixed costs in the use of this machine for future planning, use the high-low method to (a) determine the variable cost per copy (round your answers to two decimal places) and (b) compute the fixed and variable costs for the months of August and December (round your answers to nearest whole number).
Definitions:
Intangible Benefits
Non-monetary advantages of an action or investment, such as improved employee satisfaction or brand loyalty, which are difficult to quantify.
Discount Rate
The interest rate used to discount future cash flows to their present value, reflecting the opportunity cost of capital.
Net Cash Inflows
The difference between all cash inflows and outflows within a specific period, reflecting the company’s cash position.
Working Capital
The measure of a company's short-term liquidity, calculated as current assets minus current liabilities.
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