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The following information is available for a company's cost of sales over the last five months: Month Units Sold Cost of Sales June 0,900 52,500
The following information is available for a company's cost of sales over the last five months:
Month | Units Sold | Cost of Sales |
June | 0,900 | 52,500 |
July | 0,800 | 50,000 |
August | 1,200 | 60,000 |
September | 1,600 | 70,000 |
October | 1,800 | 75,000 |
Using the high-low method for managing expenses, the company's cost equation is: _____________________.
Note: This is the only question that requires an answer that is not just numerical. For uniformity of answers do not include the currency sign.
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