Question
The following is the information for Choco Companys maintenance cost for three months. Units produced Maintenance cost January 2,272 units $40,000 February 3,352 units $50,000
The following is the information for Choco Companys maintenance cost for three months.
Units produced | Maintenance cost | |
January | 2,272 units | $40,000 |
February | 3,352 units | $50,000 |
March | 3,100 units | $49,000 |
Given the following cost and activity observations for Choco Company's maintenance costs, use the high-low method to calculate Choco's variable costs per unit for maintenance (give answers in two decimal points).
The following is the information for Choco Companys maintenance cost for three months.
Units produced | Maintenance cost | |
January | 2,272 units | $40,000 |
February | 3,352 units | $50,000 |
March | 3,100 units | $49,000 |
Given the following cost and activity observations for Choco Company's maintenance costs, use the high-low method to calculate Choco's variable costs per unit for maintenance (give answers in two decimal points).
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