Question
Hardigree Insurance has collected the following information over the last six months. Month Units produced Total costs March 2,000 $6,700 April 3,200 9,400 May 2,200
Hardigree Insurance has collected the following information over the last six months.
Month Units produced Total costs
March 2,000 $6,700
April 3,200 9,400
May 2,200 7,100
June 3,000 9,500
July 2,800 8,000
August 2,100 6,600
Using the high-low method, how much is the variable cost per unit?
$2.80
$3.14
$2.25
$2.55
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Internal Auditing An Integrated Approach
Authors: Richard Cascarino
1st Edition
0702166693, 978-0702166693
