Question
Question 1(1 point) Thomas Train has collected the following information over the last six months. Month Units produced Total costs March 10,000 $25,600 April 12,000
Question 1(1 point)
Thomas 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 18,200 29,600
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?
Round to two decimal places.
Your Answer:
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
