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July August September October November December Units Produced 19.150 34,048 38,304 23,408 42,560 40,432 Total Cost $41,812 51,072 58,520 43,786 79,268 65,968

July August September October November December Units Produced 19.150 34,048 38,304 23,408 42,560 40,432 Total Cost $41,812 51,072 58,520 43,786 79,268 65,968

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute the fixed cost elements using the high-low method. Fixed costs tA $
Transcribed Image Text:Compute the fixed cost elements using the high-low method. Fixed costs tA $
Sandhill Corp. has collected the following data concerning its maintenance costs for the past 6 months. July August September October November December (a1) Units Produced 19.150 34,048 38,304 23,408 42,560 40,432 Total Cost Variable cost per unit $ $41,812 51,072 58,520 43,786 79,268 65,968 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, eg. 2.25.)
Transcribed Image Text:Sandhill Corp. has collected the following data concerning its maintenance costs for the past 6 months. July August September October November December (a1) Units Produced 19.150 34,048 38,304 23,408 42,560 40,432 Total Cost Variable cost per unit $ $41,812 51,072 58,520 43,786 79,268 65,968 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, eg. 2.25.)
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