The following is cost information for ABC Company: Month Total costs Total units January $ 33,000 4,700 February $ 29,000 3,800 March $ 40,000 6,100 April $ 50,000 8,400 May $ 35,000 5,500 June $51,000 8,800 Using the high-low method, calculate the variable cost per unit. Do not enter dollar signs or text; just the number.

The following is cost information for ABC Company: Month Total costs Total units January $ 33,000 4,700 February $ 29,000 3,800 March $ 40,000 6,100 April $ 50,000 8,400 May $ 35,000 5,500 June $51,000 8,800 Using the high-low method, calculate the variable cost per unit. Do not enter dollar signs or text; just the number.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 9P: Grand Canyon Manufacturing Inc. produces and sells a product with a price of 100 per unit. The...

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