Answered: A company had the following costs at…

A company had the following costs at four different levels of activity: Number of units 1250 2000 2590 3061 Cost GHS 4875 6500 7698 8581 The best estimate of variable cost per unit is:

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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Question

A company had the following costs at four different levels of activity: Number of units 1250 2000 2590 3061 Cost GHS 4875
6500 7698 8581 The best estimate of variable cost per unit is:
O A. GHS 2.17
O B. GHS 2.03
OC. GHS 2.05
D. GHS 2.10

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