Total cost at two activities level are as follows: Total cost for 200 units is Rs. 10000 and total cost for 300 unitsis Rs. 12000. If High-Low method is followed, the variable cost and fixed cost areandrespectively.Rs. 20 and Rs. 6000Rs. 50 and ZeroRs. 40 and Rs. 2000Rs. 50 and Rs. 2000

The objective of the question is to calculate the variable cost and fixed cost using the High-Low…

Answered: Total cost at two activities level are…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Total cost at two activities level are as follows: Total cost for 200 units is Rs. 10000 and total cost for 300 units is Rs. 12000. If High-Low method is followed, the variable cost and fixed cost are and respectively. Rs. 20 and Rs. 6000 Rs. 50 and Zero Rs. 40 and Rs. 2000 Rs. 50 and Rs. 2000