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The following information is available for a company's cost of sales over the last four months. Month Units Sold Total Costs January 340 $ 28,600
The following information is available for a company's cost of sales over the last four months.
| Month | Units Sold | Total Costs |
|---|---|---|
| January | 340 | $ 28,600 |
| February | 740 | $ 34,000 |
| March | 1,300 | $ 46,000 |
| April | 2,100 | $ 58,000 |
Using the high-low method, the estimated variable cost of sales per unit sold is:
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Accounting And Order
Authors: Mahmoud Ezzamel
1st Edition
0415482615, 978-0415482615
