Question
Cullumber Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 23,040 $46,080 August 40,960
Cullumber Corp. has collected the following data concerning its maintenance costs for the past 6 months.
| Units Produced | Total Cost | |||||||
|---|---|---|---|---|---|---|---|---|
| July | 23,040 | $46,080 | ||||||
| August | 40,960 | 61,440 | ||||||
| September | 46,080 | 70,400 | ||||||
| October | 28,160 | 48,640 | ||||||
| November | 51,200 | 95,360 | ||||||
| December | 48,640 | 79,360 | ||||||
(a1)
Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.)
| Variable cost per unit | $enter the variable cost per unit in dollars rounded to 2 decimal places |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
