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Q2- ABC Company has collected the following data for recent months: Month May June July August Required: No of Units produced 20,500 22,300 18,750
Q2- ABC Company has collected the following data for recent months: Month May June July August Required: No of Units produced 20,500 22,300 18,750 21,200 (Marks 6+4) Total cost $20,960 21,428 20,505 21,520 a. Using the high-low method, find variable cost per unit, total fixed costs, and the total cost equation b-What is the estimated cost for a month in which 11,000 units produced
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