Thomas Train has collected the following information over the last six months. Month Units produced Total costs March 10,000 $25,600 April 12,000 26,200 May 18,000 28,800 June 13,000 26,450 July 12,000 26,000 August 15,000 26,500 Using the high-low method, what is the variable cost per unit?
Thomas Train has collected the following information over the last six months. Month Units produced Total costs March 10,000 $25,600 April 12,000 26,200 May 18,000 28,800 June 13,000 26,450 July 12,000 26,000 August 15,000 26,500 Using the high-low method, what is the variable cost per unit?
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 1PB: Bobcat uses a traditional cost system and estimates next years overhead will be $800.000, as driven...
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Thomas Train has collected the following information over the last six months.
Month | Units produced | Total costs |
March | 10,000 | $25,600 |
April | 12,000 | 26,200 |
May | 18,000 | 28,800 |
June | 13,000 | 26,450 |
July | 12,000 | 26,000 |
August | 15,000 | 26,500 |
Using the high-low method, what is the variable cost per unit?
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