InstaChat Industries uses the high-low method to estimate variable costs and fixed costs. Given the following, calculate the variable cost per unit using the high-low method: Total cost # of units January $ 8,300 15,000 February $10, 600 20,000 March $ 6,600 12,000 April $ 9,500 18,000

InstaChat Industries uses the high-low method to estimate variable costs and fixed costs. Given the following, calculate the variable cost per unit using the high-low method: Total cost # of units January $ 8,300 15,000 February $10, 600 20,000 March $ 6,600 12,000 April $ 9,500 18,000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 4BE

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Question

InstaChat Industries uses the high-low method to estimate variable costs and fixed
costs. Given the following, calculate the variable cost per unit using the high-low
method: Total cost # of units January $ 8,300 15,000 February $10,600 20,000 March $
6,600 12,000 April $ 9,500 18,000

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