FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
If the high-low points method is used, the results when compared with those under the method of least squares, are (Variable Cost Per Unit, Total Fixed Costs). the given is

 
 
a. Equal, Equal
 
 
 
b. Higher by P1.26, Lower by P2,850
 
 
 
c. Lower by P1.26, Higher by P2,850
 
 
 
d. Higher by P5 , Lower by P1,500
Month Units Produced Production Costs April Мay June July August September P 4,000 8,000 6,000 7,500 8,500 7,250 500 700 900 600 800 550
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Transcribed Image Text:Month Units Produced Production Costs April Мay June July August September P 4,000 8,000 6,000 7,500 8,500 7,250 500 700 900 600 800 550
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