Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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Transcribed Image Text:Carson, which uses the high-low method of estimating
costs, reported total costs of $24 per unit when
production was at its lowest level, at 10,000 units.
When production doubled to its highest level, the total
cost per unit dropped to $15. Carson would estimate the
variable cost per unit?
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