Question
Supposed a company Green Star provides on following production scenario for 06 months of the production Months Units Products Total cost production January 3000 R
Supposed a company Green Star provides on following production scenario for 06 months of the production
Months Units Products Total cost production
January 3000 R 65 000
February 2700 R 27 000
March 2500 R 55 000
April 2100 R 45 500
May 1800 R 48 000
June 1300 R 39 000
Calculate the variable cost and fixed cost opponents by using high low method
Step by Step Solution
There are 3 Steps involved in it
Step: 1
The highlow method is used to estimate the variable cost per unit and the fixed costs This method us...
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Intermediate Accounting
Authors: Kin Lo, George Fisher
3rd Edition Vol. 1
133865940, 133865943, 978-7300071374
