FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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High-Low Method
The
Total Costs | Units Produced | |||
January | $1,900,000 | 20,000 | units | |
February | 2,250,000 | 27,000 | ||
March | 2,400,000 | 30,000 |
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
a. Variable cost per unit | $ |
b. Total fixed cost | $ |
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