Question
In a company, sales salaries and commissions are SR 20,000 when 160,000 units are sold, and SR 28,000 when 240,000 units are sold. Using the
In a company, sales salaries and commissions are SR 20,000 when 160,000 units are sold, and SR 28,000 when 240,000 units are sold. Using the high-low method, what is the variable portion of sales salaries and commission?
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
