Question
Thomas Train has collected the following information over the last six months. Month_ Units produced Total costs March_ 10,000_______ $25,600 April ____12,000_______ 26,200 May___ 20,000_______
Thomas Train has collected the following information over the last six months.
Month_ Units produced Total costs
March_ 10,000_______ $25,600
April ____12,000_______ 26,200
May___ 20,000_______ 27,600
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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Personal Finance
Authors: Jeff Madura
7th Edition
0134989961, 978-0134989969
