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Please to Show DETAILED WORKINGS Instruction: Complete the following Irie Pudding Enterprise makes potato puddings in Kingston, Jamaica. GML is in its first year of
Please to Show DETAILED WORKINGS
Instruction: Complete the following Irie Pudding Enterprise makes potato puddings in Kingston, Jamaica. GML is in its first year of operation andmanagementis still unsure of the best way to estimate cost for budgetary purposes. For the first six months of operations, the following data were collected: Required: A. Use the high-low method to calculate: i. Variable Cost ii. Fixed Cost iii. Total cost for September if 730 puddings were made. (5 marks) (5 marks) (3 marks) B. Discuss ONE(1) possible disadvantage why a manager should not use this method to value cost. marks)Step by Step Solution
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