??? Coastal Bakery calculates its monthly costs based on the number ofpastries produced. In August, they made 12,000 pastries and paid$3,600. In November, they made 7,500 pastries and paid $2,625.Using the high-low method, calculate the variable cost per pastry.

Step 1: Definition of High-Low MethodThe High-Low Method is used to estimate variable costs by…

Answered: Coastal Bakery calculates its monthly…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

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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Coastal Bakery calculates its monthly costs based on the number of pastries produced. In August, they made 12,000 pastries and paid $3,600. In November, they made 7,500 pastries and paid $2,625. Using the high-low method, calculate the variable cost per pastry.