Question
Giving the following data for XY Company Year 2008 2009 Total Sales $145,000 $121,4000 Cost of goods sold $880,000 $738,400 Selling & Administrative Expenses $92,500
Giving the following data for XY Company
Year 2008 2009
Total Sales $145,000 $121,4000
Cost of goods sold $880,000 $738,400
Selling & Administrative Expenses $92,500 $80,700
Assume high-low method is adequate in this case, the variable costs of cost goods sold per unit is
%?
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Managerial Accounting for the Hospitality Industry
Authors: Lea R. Dopson, David K. Hayes
2nd edition
978-1-119-2996, 1119299659, 978-1119386223
