Wigley Inc. has provided the following data concerning its maintenance costs: 
Management believes that maintenance cost is a mixed cost that depends on machine-hours.
Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method. Show your work!
Definitions:
Sales Territory
The group of customers or a geographical area assigned to a salesperson.
Market Development Area
A specific geographic or demographic region identified for potential growth or expansion of a company's products or services.
Sales Quota
A specific sales target set for a salesperson or team to achieve within a defined time frame.
Break-even Volume
The quantity of products or services a business needs to sell to cover its costs, without making a profit or loss.
Q4: Inventories consisting of units of product that
Q9: What is the unit product cost for
Q27: The best estimate of the total cost
Q32: The debits to the Work in Process
Q38: The activity rate for Activity 3 is
Q67: How many units are in ending work
Q102: Carbert Corporation has provided the following production
Q114: Ades Inc. has provided the following data
Q147: To the nearest whole cent, what should
Q158: The variable expense per unit is:<br>A) $31.20<br>B)