FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Provide correct answer general Accounting question

Acme uses the high-low method of estimating costs.
Acme had total costs of $29,245 at its lowest level of
activity when 15,000 units were sold. When, at its highest
level of activity, sales equaled 20,300 units, total costs
were $39,050. Acme would estimate the variable cost per
unit as
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Transcribed Image Text:Acme uses the high-low method of estimating costs. Acme had total costs of $29,245 at its lowest level of activity when 15,000 units were sold. When, at its highest level of activity, sales equaled 20,300 units, total costs were $39,050. Acme would estimate the variable cost per unit as
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