Jason Inc. shows the following manufacturing costs for the first four months of the year. Manufacturing Costs for the First Four Months Months Production in Units Total Costs January 2,500 $33,750 February 1,800 $29,900 March 3,000 $36,500 April 2,600 $34,300 Using the high-low method, determine the variable costs per unit. (Round intermediate calculations and your final answer to two decimal places.) Group of answer choices $14.39 $12.17 $13.50 $5.50
Jason Inc. shows the following manufacturing costs for the first four months of the year. Manufacturing Costs for the First Four Months Months Production in Units Total Costs January 2,500 $33,750 February 1,800 $29,900 March 3,000 $36,500 April 2,600 $34,300 Using the high-low method, determine the variable costs per unit. (Round intermediate calculations and your final answer to two decimal places.) Group of answer choices $14.39 $12.17 $13.50 $5.50
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Jason Inc. shows the following
Months | Production in Units | Total Costs |
---|---|---|
January | 2,500 | $33,750 |
February | 1,800 | $29,900 |
March | 3,000 | $36,500 |
April | 2,600 | $34,300 |
Using the high-low method, determine the variable costs per unit.
(Round intermediate calculations and your final answer to two decimal places.)
Group of answer choices
$14.39
$12.17
$13.50
$5.50
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