Fremont, which uses the high-low method, reported total costs of $10.40 per unit at its lowest production level, 4,000 units. When production tripled to its highest level, the total cost per unit dropped to $6.50. Fremont would estimate its variable cost per unit as: a. $4.55 b. $16.90 c. -$0.000812 d. $6.50

Fremont, which uses the high-low method, reported total costs of $10.40 per unit at its lowest production level, 4,000 units. When production tripled to its highest level, the total cost per unit dropped to $6.50. Fremont would estimate its variable cost per unit as: a. $4.55 b. $16.90 c. -$0.000812 d. $6.50

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 8E: The sales price per unit is 13 for the Voyageur Companys only product. The variable cost per unit is...

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