Please do not give solution in image format thanku Georgia Incorporated, uses the high-low method of estimating costs. Georgia had total costs of $39.900 at its lowest level of activity, when 5.100 unitswere sold. When, at its highest level of activity, sales equaled 13,100 units, total costs were $79,900. Georgia would estimate variable cost per unit as:Multiple Choice$6.58$5.00$6.10.$7,82

The costs incurred for the production are classified as fixed and variable costs. The high-low…

Answered: Georgia Incorporated, uses the high-low…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4BE

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Georgia uses the high-low method of estimating costs. Georgia had total costs of $16,100 at its lowest level of activity, when 5,500 units were sold. When, at its highest level of activity, sales equaled 18,300 units, total costs were $80,100. Georgia would estimate variable cost per unit as: Multiple Choice • $5.00 • $2.93 • $4.04 $4.38
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