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Danu & Co. reports the following information about its sales and cost of sales. Period Unit Sold Cost of Sales 1 3400 7080 2 1300
Danu & Co. reports the following information about its sales and cost of sales. Period Unit Sold Cost of Sales 1 3400 7080 2 1300 5400 3 1880 5800 4 1800 6200 5 2900 9000 6 3300 3380 7 2700 7000 8 4100 8500 9 4200 9300 10 4900 10040 Calculate the fixed cost and variable cost of sales by using the high-low method. (Round cost per unit to 2 decimal places)
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