Question
Thomas Train has collected the following information over the last six months. MonthUnits producedTotal costs March 10,000 $25,600 April 12,000 $26,200 May 20,000 $29,600 June
Thomas Train has collected the following information over the last six months.
MonthUnits producedTotal costs
March 10,000 $25,600
April 12,000 $26,200
May 20,000 $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?
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Introduction To Probability And Statistics
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
14th Edition
9781133103752
