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homas Train has collected the following information over the last six months. Month Units produced Total costs March 10,000 $25,600 April 12,000 26,200 May 18,600
homas Train has collected the following information over the last six months.
| Month | Units produced | Total costs |
| March | 10,000 | $25,600 |
| April | 12,000 | 26,200 |
| May | 18,600 | 28,400 |
| June | 13,000 | 26,450 |
| July | 12,000 | 26,000 |
| August | 15,000 | 26,500 |
Using the high-low method, what is the variable cost per unit?
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
