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Aprir May T0,000 40,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the high-low method, what is the unit variable cost? * O $21 O $19 O $21.5 O None of the above Based on the above, using the high-low method, the estimated fixed cost element is: * $8,000 $3,000 $9,000 None of the above

Aprir May T0,000 40,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the high-low method, what is the unit variable cost? * O $21 O $19 O $21.5 O None of the above Based on the above, using the high-low method, the estimated fixed cost element is: * $8,000 $3,000 $9,000 None of the above

FINANCIAL ACCOUNTING
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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Aprir Мay T0,000 340,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the high-low method, what is the unit variable cost? * $21 $19 $21.5 O None of the above Based on the above, using the high-low method, the estimated fixed cost element is: * $8,000 $3,000 $9,000 O None of the above Based on the above, using the high-low method, determine an estimate of total
Transcribed Image Text:Aprir Мay T0,000 340,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the high-low method, what is the unit variable cost? * $21 $19 $21.5 O None of the above Based on the above, using the high-low method, the estimated fixed cost element is: * $8,000 $3,000 $9,000 O None of the above Based on the above, using the high-low method, determine an estimate of total
dJBrlzigKNylA/formResponse Use the following to answer the questions below X Company accumulates the following data about maintenance costs, a mixed cost, using miles as the activity level: Miles Maintenance Cost January February 10,000 190,000 7,000 141,000 March 17,000 335,000 April May 18,000 340,000 24,000 464,000 June 22.000 420,000 Based on the above, in applying the high-low method, what is the unit variable
Transcribed Image Text:dJBrlzigKNylA/formResponse Use the following to answer the questions below X Company accumulates the following data about maintenance costs, a mixed cost, using miles as the activity level: Miles Maintenance Cost January February 10,000 190,000 7,000 141,000 March 17,000 335,000 April May 18,000 340,000 24,000 464,000 June 22.000 420,000 Based on the above, in applying the high-low method, what is the unit variable
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