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he following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 400 $31,000
he following information is available for a company's cost of sales over the last five months.
| Month | Units sold | Cost of sales |
| January | 400 | $31,000 |
| February | 800 | $37,000 |
| March | 1,600 | $49,000 |
| April | 2,400 | $61,000 |
Using the high-low method, the estimated variable cost of sales per unit sold is:
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
