Question
Use the high-low method for the following information: Month ..............Cost.......... Hours January................$4,400........ 3,500 February............. $8,000........ 7,000 March.................. $11,000...... 9,500 April.................... $9,000 .........8,500 May..................... $5,500......... 7,700
Use the high-low method for the following information:
Month ..............Cost.......... Hours
January................$4,400........ 3,500
February............. $8,000........ 7,000
March.................. $11,000...... 9,500
April.................... $9,000 .........8,500
May..................... $5,500......... 7,700
The variable cost per unit is:
a) 0.80
b) 1.07
c) 1.10
d) 2.20
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Financial Accounting Fundamentals With Connect Plus
Authors: John Wild
4th Edition
77785932, 978-0077785932
