Ravena Company manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of P84,400. In its slowest month, the company made 1,100 desks at a cost of P46,000. 11. Using the high-low method of cost estimation, the total fixed cost are a. P56,000 b. P28,400 c. P17,600 d. P38,400. 12. The variable cost per unit is a. P 16.00 b. P 15.00 c. P 14.00 d. P 17.00

Ravena Company manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of P84,400. In its slowest month, the company made 1,100 desks at a cost of P46,000. 11. Using the high-low method of cost estimation, the total fixed cost are a. P56,000 b. P28,400 c. P17,600 d. P38,400. 12. The variable cost per unit is a. P 16.00 b. P 15.00 c. P 14.00 d. P 17.00

Name: Ravena Company manufactures office furniture. During the most product
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Description: Ravena Company manufactures office furniture. During the most productive monthof the year, 3,500 desks were manufactured at a total cost of P84,400. In its slowestmonth, the company made 1,100 desks at a cost of P46,000.11. Using the high-low method

Managerial Accounting

15th Edition

ISBN:9781337912020

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

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

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2CMA

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