Question
Thomas Train has collected the following information over the last six months. months. Units produced. Total cost March. 10,000. $25,600 April. 12,000. 26,200 May. 19,000.
Thomas Train has collected the following information over the last six months.
months. Units produced. Total cost
March. 10,000. $25,600
April. 12,000. 26,200
May. 19,000. 28,800
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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Practical Financial Management
Authors: William R. Lasher
6th Edition
1439080496, 978-1439080498
