Question
Use the following data for the 4th quarter of 2009: month activity volume (#units) total costs Oct 80 $5,250 Nov 65 $5,400 Dec 100 $6,800
Use the following data for the 4th quarter of 2009:
| month | activity volume (#units) | total costs |
| Oct | 80 | $5,250 |
| Nov | 65 | $5,400 |
| Dec | 100 | $6,800 |
Required: a) Estimate fixed costs and unit variable costs using the high-low method. (hint: should you use the observations with the highest/lowest activity, or highest/lowest costs?) FC= unit VC=
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Word Scramble For Auditors And Accounting Professionals Puzzle Book Vocabulary Brain Puzzle Adults And Teens
Authors: Drew Dream
1st Edition
B0B5KVD4CK, 979-8839167865
