Horizon Manufacturing Inc. accumulates the following data concerning a mixed cost, using units produced as the activity level. Month January Units Produced Total Cost ($) 15,400 (High) $22,400 (High) February 14,300 21,200 March 13,500 20,400 April 12,200 (Low) $18,800 (Low) May 13,900 20,800 Compute the variable cost per unit using the high-low method.

Horizon Manufacturing Inc. accumulates the following data concerning a mixed cost, using units produced as the activity level. Month January Units Produced Total Cost ($) 15,400 (High) $22,400 (High) February 14,300 21,200 March 13,500 20,400 April 12,200 (Low) $18,800 (Low) May 13,900 20,800 Compute the variable cost per unit using the high-low method.

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 9P: Grand Canyon Manufacturing Inc. produces and sells a product with a price of 100 per unit. The...

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Connell Co. collects the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,000 $17,000 February 8,000 $13,500 March 9,000 $14,400 April 7,000 $12,500 Instructions: Compute the variable and fixed cost elements using the high-low method.
Using miles as the activity level