1) Using the high/low method, what is the variable cost per unit? Show Computation below....
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Accounting
1) Using the high/low method, what is the variable cost per unit? Show Computation below.
2) Using the high/low method, what is the fixed cost? Show computations below.
3) Using the high/low method, what would you expect the total cost of producing 10,500 units to be? Show Computations below.
Problem 3 High-Low Method - 9 total points Household Trinkets, Etc. documented their production levels and overhead costs for the past six months. Month January February March April May June Production/Units 7,000 units 7,400 units 8,000 units 8,500 units 9,500 units 9,450 units 2 Overhead Costs $23,469 24,716 5,469 26,619 29,969 30,098 Required: 1. Using the high/Low method, what is the variable cost per unit? Show computation below. 2. Using the high/low method, what is the fixed cost? Show computations below. 3. Using the high/low method, what would you expect the total cost of producing 10,500 units to be? Show computations below. English (United States) Focus D MacBook Pro Ross
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